Nigeria’s Central Bank will keep policy tight, Dep. Gov. says

by | May 19, 2017 5:55 pm

Nigeria’s central bank will keep monetary policy tight as dollar shortages persist, Deputy Governor Joseph Nnanna said before an interest-rate announcement next week. Now is not the time to ease policy, he said in an interview Thursday in the capital, Abuja. Inflation slowed for a third month in April, but at 17.2 percent remains almost…

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