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

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

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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