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Nigeria Holds Key Rate to Sustain Disinflation, Gauge Risks

Nigeria Holds Key Rate to Sustain Disinflation, Gauge Risks

Bloomberg22-07-2025
Nigeria's central bank kept its benchmark interest rate unchanged to ensure inflation continues to slow and to assess the impact of US trade tariffs on underlying price pressures.
The monetary policy committee maintained the benchmark rate at 27.5%, Governor Olayemi Cardoso said during a briefing in the capital, Abuja, on Tuesday. That matched the prediction of all seven economists in a Bloomberg survey.
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