Modest interest rate hikes still likely in Nigeria

The Central Bank of Nigeria (CBN) kept interest rates on hold at 12.0% today but, with inflation likely to accelerate and the naira likely to come under renewed pressure over the coming months, modest rate hikes are still on the cards.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.