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Tag: bank of america

News
President Tinubu urges Bank of America for assistance

President Tinubu urges Bank of America for assistance

July 4, 2023July 4, 2023 AGS

President Bola Ahmed Tinubu emphasized the importance of assistance for Nigeria during a meeting with Bank of America officials at the State House in Abuja. Despite the challenges facing the country, President Tinubu expressed confidence in his administration’s ability to … Continue reading President Tinubu urges Bank of America for assistance

Business
Bank of America warns of potential 30% inflation in Nigeria

Bank of America warns of potential 30% inflation in Nigeria

July 4, 2023July 4, 2023 AGS

According to Bank of America’s sub-Saharan Africa Economist, Tatonga Rusike, the Central Bank’s Monetary Policy Committee may need to increase interest rates by at least 700 basis points before the year ends in order to address the escalating inflation in … Continue reading Bank of America warns of potential 30% inflation in Nigeria

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