BUSINESS
Inflation: CBN raises interest to 15.5 per cent
The Central Bank of Nigeria (CBN) monetary policy committee has raised interest rate from 14 percent to 15.5 percent to curb rising inflation.
The Bank had previously upped the rate from 13 per cent to 14 percent in July.
Nigeria’s inflation stood at 20. 52 as at August.
Details shortlyÂ