African Markets Daily

Zimbabwe lifts its main lending rate to 40%. Nigeria’s economy unexpectedly comes out of a recession.


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Zimbabwe lifts its main lending rate to 40%. from 35% previously in a bid to reduce excess liquidity and control speculation in its foreign currency market. Nigeria’s economy unexpectedly came out of a recession in the fourth quarter as restrictions to curb the spread of the coronavirus were eased.

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African Markets DailyBy African Markets Daily