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Camillus Eboh

reuters.com

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      1 article

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    • Nigeria's central bank holds benchmark lending rate at 14 percent
      25 Sep 2018—reuters.com
      ABUJA (Reuters) - Nigeria’s central bank kept its main interest rate at 14 percent on Tuesday, Governor Godwin Emefiele said, in a split decision that reflected the bank’s need to contend with both sluggish growth and accelerating inflation. Nigeria's Central Bank Governor Godwin Emefiele speaks during the monthly Monetary Policy Committee meeting in Abuja, Nigeria May 22, 2018. REUTERS/Afolabi Sotunde Emefiele said three of the 10 members of the monetary policy committee who met voted to...
    • UPDATE 1-Nigeria's central bank holds benchmark lending rate at 14 percent
      25 Sep 2018—reuters.com
      (Adds details, quote) ABUJA, Sept 25 (Reuters) - Nigeria’s central bank kept its main interest rate at 14 percent on Tuesday, Governor Godwin Emefiele said, in a split decision that reflected the bank’s need to contend with both sluggish growth and accelerating inflation. Emefiele said three of the 10 members of the monetary policy committee who met voted to tighten by 25 basis points. The rate has been at a record high 14 percent since July 2016, and analysts polled by Reuters predicted the...

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