Fragile Nigerian Recovery Means Interest Rate Could Stay on Hold

Fragile Nigerian Recovery Means Interest Rate Could Stay on Hold

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Nigeria’s central bank will likely keep its key interest rate unchanged on Tuesday after data showed the economy’s recovery remains weak. Gross domestic product in the continent’s biggest oil producer expanded 0.5% in the three months through March from a year earlier, the