Nigeria central bank holds benchmark interest rate at 13.5 pct

ABUJA, May 21 (Reuters) – Nigeria’s central bank held its benchmark interest rate at 13.5%, its governor Godwin Emefiele said on Tuesday, after a surprise 0.5 percentage point cut at the previous meeting.

Most analysts polled by Reuters had expected no change. (Reporting by Paul Carsten Writing by Alexander Winning and Mfuneko Toyana in Johannesburg; editing by John Stonestreet)


Leave a Reply

Skip to toolbar