LAGOS: A standoff between Nigeria’s presidency and parliament over confirmation of new members of the central bank’s interest rate committee is threatening the bank’s independence and damaging fragile investor confidence in Africa’s biggest economy. The central bank had been due to announce its interest rate decision on Jan. 23, a day after a Monetary Policy Committee meeting.

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Source link : http://www.topix.com/world/nigeria/2018/01/nigerian-political-standoff-threatens-central-bank-independence?fromrss=1

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Publish date : 2018-01-23 19:32:07

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