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Businessday NG·3 min read·medium

Cardoso says inflation path delayed, not derailed by new shocks

O
Onyinye Nwachukwu
Cardoso says inflation path delayed, not derailed by new shocks
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The Central Bank of Nigeria has maintained its benchmark interest rate at 26.5% to combat inflation. Governor Olayemi Cardoso stated that while unexpected shocks have delayed the goal of single-digit inflation, the long-term strategy remains intact.

Why it matters

Monetary policy decisions in Nigeria significantly impact the country's economic stability and the cost of living for its citizens.

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Cardoso says inflation path delayed, not derailed by new shocks - Businessday NG

Cardoso says inflation path delayed, not derailed by new shocks

…As CBN holds MPR at 26.5% for second straight meeting after february cut

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