The Central Bank of Nigeria (CBN) says it wants inflation in a
variety between 6-9 per cent, lowering the regulator's previous target
of keeping in single-digits.CBN's governor, Lamido Sanusi, told Reuters
on Wednesday, he expects it to complete the year below that
level...Inflation in Nigeria fell to a new five-year low of 8 per cent
in September. Sanusi added that despite lower prices he did not think
there was likely to be an interest rate cut in the near future.
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