Nigeria's Central Bank Keeps Policy Rate at 26.5% as Fuel Costs Rise After Iran Conflict
Nigeria's monetary policy committee opted to leave the benchmark interest rate unchanged at 26.5% during its 305th meeting in Abuja. The decision, which aligned with the median of economists surveyed by Bloomberg, keeps a tight policy stance as inflation climbed to a five-month high following higher fuel prices linked to the war in Iran. The commit…