Nigeria’s central bank Governor Lamido Sanusi. PHOTO/File
(Bloomberg) - Nigeria’s central bank shouldn’t rush to cut interest rates even as inflation is forecast to remain within its target this year, Governor Lamido Sanusi said.
Rate reductions will depend on whether the government can control spending, Sanusi said in an interview in Marrakech, Morocco, where he is attending the annual meetings of the African Development Bank.
The Central Bank of Nigeria left its policy rate
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