US rate hike unlikely to influence Nigeria’s monetary policy

by | March 20, 2017 12:22 pm

Members of Nigeria’s monetary policy committee may dwell less on the interest rate hike in the United States, when they enter a two-day meeting starting today, to determine the direction of interest rates in Africa’s biggest economy where growth has diminished. The United States’ central bank (Federal Reserve), last Wednesday, stepped up the pace of…

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