Stephen Onyeiwu - The Central Bank of Nigeria recently announced an increase in the interest rate, from 11.5% to 13%, a 1.5 percentage point hike that took effect.
The Central Bank of Nigeria recently announced an increase in the interest rate, from 11.5% to 13%, a 1.5 percentage point hike that took effect immediately.
With dwindling oil revenue due to slump in the price of oil in the international market, Nigeria’s government has had to rely on borrowing, both external
Fuel subsidies in Nigeria are economic headaches for poor hardworking naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.