Nigeria’s central bank holds benchmark rate at 13.5%

ABUJA, Jan 24 (Reuters) – Nigeria’s central bank held its benchmark interest rate at 13.5%, its governor Godwin Emefiele said on Friday.

However, the bank raised the cash reserve ratio for lenders, at its first interest rate meeting for the year. (Reporting by Paul Carsten and Camillus Eboh Writing by Chijioke Ohuocha Editing by Libby George and Kevin Liffey)


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