Cardoso fires two big signals with 600bps rate hike in one month

Nigeria’s net reserves surge by 772.18% to $34.8bn in two years – Cardoso

Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN)

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), fired at least two strong signals to the investor community with the apex bank’s latest interest rate hike on Tuesday. First is that the CBN is well aware of the competition it faces from emerging market peers for investor fu

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