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Nigeria Fuel-Price Hike, Weaker Naira Dash Case for Rate Pause

A 45% hike in the pump price of gasoline and a continued downward pressure on the naira dampened hopes that the Central Bank of Nigeria will press pause on an interest-rate increase at a meeting this month.

By: financialpost.com

Sep 05 2024
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Nigeria Fuel-Price Hike, Weaker Naira Dash Case for Rate Pause

(Bloomberg) — A 45% hike in the pump price of gasoline and a continued downward pressure on the naira dampened hopes that the Central Bank of Nigeria will press pause on an interest-rate increase at a meeting this month. Read More

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