IMF To CBN: Maintain Tight Monetary Policy To Address Inflation

The International Monetary Fund (IMF), has advised the Central Bank of Nigeria (CBN) to maintain its monetary policy-tightening mood in order to cage inflation, which jumped to 21.91 per cent as of February. The Washington-based institution, in its World Economic Outlook (WEO) titled, “A Rocky Recovery,” released yesterday, retained Nigeria’s Gross Domestic Product (GDP) growth … Continue reading IMF To CBN: Maintain Tight Monetary Policy To Address Inflation