Relief for Nigerians as inflation to moderate around May

Relief for Nigerians as inflation to moderate around May

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… CBN retains 11.5% benchmark interest rate

… analysts differ on Emefiele’s next two months optimism


Nigeria’s economy may likely heave a sigh of relief should inflation rate moderate in May as optimistically stated by Godwin Emefiele, governor, Central Bank of Nigeria (CBN), after announcing a hold on its benchmark interest rate and other parameters on Tuesday. The Monetary Policy Committee (MPC), which concluded its two-day meeting on Tuesday, has been…

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Relief for Nigerians as inflation to moderate around May

 

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