Nigeria cuts for first time in seven months
The cut to the Monetary Policy Rate, the first since September 2008, leaves the measure at 8%.
The central bank said that rising food-price inflation was a "major pressure point" on monetary policy in the short-term. Inflation rose from 14% in the year to January to 14.6% in February, with food prices rising from 18.4% to 20%.
However, fears
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