Nigeria: CBN mulls increase in interest rate over inflation

18 April 2016, Abuja — The Central Bank of Nigeria, CBN, yesterday said it may be compelled to review interest rate upwards in response to rising inflation. Governor of the apex bank, Godwin Emefiele, said much as Nigerians desire to access finance at lower rates, the country’s monetary policy rate (MPR) would have to appreciate […] More »