{"id":322682,"date":"2024-05-13T16:13:50","date_gmt":"2024-05-13T15:13:50","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=322682"},"modified":"2024-05-13T16:13:50","modified_gmt":"2024-05-13T15:13:50","slug":"interest-rates-to-remain-high-until-inflation-comes-down-cardoso","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2024\/05\/13\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\/","title":{"rendered":"Interest rates to remain high until inflation comes down \u2014 Cardoso"},"content":{"rendered":"<ul>\n<li><strong>Says orthodox policies would be implemented to tame inflation<\/strong><\/li>\n<\/ul>\n<p>The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso said interest rates would remain high until inflation rate comes down.<\/p>\n<p>Cardoso stated this in a Financial Times report on Monday.<\/p>\n<p>The <a href=\"https:\/\/www.withinnigeria.com\/news\/2024\/04\/18\/were-not-depleting-external-reserve-to-defend-stabilise-naira-cbn-gov-cardoso\/\" target=\"_blank\" rel=\"noopener\">CBN boss<\/a> also said orthodox policies would be implemented to tame inflation.<\/p>\n<p>He said there is \u201cevery indication\u201d that MPC would \u201cdo whatever is necessary\u201d to rein in inflation.<\/p>\n<p>Cardoso said, \u201cThey will continue to do what has to be done to ensure that inflation comes down.<\/p>\n<p>\u201cLet\u2019s face it: for a long period of time, the CBN did not embrace orthodox monetary policies.<\/p>\n<p>\u201cWe want to go back to using an orthodox method, and it will take us to where we want to go,\u201d he said.<\/p>\n<p>Cardoso said the apex bank had been \u201creoriented\u201d to focus on \u201cprice and monetary stability\u201d.<\/p>\n<p>He said the official window of the foreign exchange (FX) market has been stabilised.<\/p>\n<p>According to the governor, investors previously had a \u201ctendency to head for the window\u201d in response to currency fluctuations, however, there has been a \u201cfundamental shift\u201d.<\/p>\n<p>\u201cThey\u2019re getting more comfortable with the market,\u201d Cardoso said.<\/p>\n<p>Also, Cardoso maintained that raising interest rates has been crucial.<\/p>\n<p>He noted that high interest rates would not linger for too long and act as a disincentive to investment and production.<\/p>\n<p>\u201cHiking interest rates obviously has had a dampening effect on the foreign exchange market, so that has begun to moderate. It\u2019s not a zero-sum game. You lose on one side, you get on the other,\u201d he said.<\/p>\n<p>He said inflation was higher than he had hoped, blaming \u201cdistortions\u201d mainly due to high food prices.<\/p>\n<p>Cardoso said it is not directly within CBN\u2019s control.<\/p>\n<p>Recall that in March, Nigeria\u2019s inflation rate rose to 33.20 percent \u2014 from 31.70 percent in February.<\/p>\n<p>The CBN\u2019s monetary policy committee (MPC) raised the interest rate by 200 basis points in March to 24.75 percent.<\/p>\n<p>The naira fell to its lowest level of N1,627.40\/$ in the official FX window on March 8 but rallied to N1,154.08\/$ on April 18 \u2014 after which the local currency began to lose its gains.<\/p>\n<p>As of May 10, the official FX rate stood at N1,466.31\/$.<\/p>\n<p>Meanwhile, food inflation rose to 40.01 percent in March, compared to the 24.45 percent rate recorded in the same month last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Says orthodox policies would be implemented to tame inflation The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso said interest rates would remain high until inflation rate comes down. Cardoso stated this in a Financial Times report on Monday. The CBN boss also said orthodox policies would be implemented to tame inflation. He [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":291124,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"2","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"1","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"0","show_prev_next_post":"0","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_bookmark_settings":{"override_bookmark_button":"0","override_show_bookmark_button":"0"},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[16587,2],"tags":[70639,20966,3380,79141],"class_list":["post-322682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-national","tag-cardoso","tag-high","tag-inflation","tag-interest-rates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Interest rates to remain high until inflation comes down \u2014 Cardoso<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2024\/05\/13\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Interest rates to remain high until inflation comes down \u2014 Cardoso\" \/>\n<meta property=\"og:description\" content=\"Says orthodox policies would be implemented to tame inflation The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso said interest rates would\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.withinnigeria.com\/news\/2024\/05\/13\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\/\" \/>\n<meta property=\"og:site_name\" content=\"NEWS PICKS \u2014 WITHIN NIGERIA\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/withinnigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-13T15:13:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2023\/09\/Cardoso.png\" \/>\n\t<meta property=\"og:image:width\" content=\"648\" \/>\n\t<meta property=\"og:image:height\" content=\"469\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Adejayan Gbenga Gsong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@withinnigeria\" \/>\n<meta name=\"twitter:site\" content=\"@withinnigeria\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Adejayan Gbenga Gsong\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2024\\\/05\\\/13\\\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2024\\\/05\\\/13\\\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\\\/\"},\"author\":{\"name\":\"Adejayan Gbenga Gsong\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/person\\\/11ab87194f641326bf5479bd96864d73\"},\"headline\":\"Interest rates to remain high until inflation comes down \u2014 Cardoso\",\"datePublished\":\"2024-05-13T15:13:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2024\\\/05\\\/13\\\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\\\/\"},\"wordCount\":396,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2024\\\/05\\\/13\\\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2023\\\/09\\\/Cardoso.png\",\"keywords\":[\"Cardoso\",\"high\",\"inflation\",\"Interest rates\"],\"articleSection\":[\"Business\",\"National\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2024\\\/05\\\/13\\\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2024\\\/05\\\/13\\\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\\\/\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2024\\\/05\\\/13\\\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\\\/\",\"name\":\"Interest rates to remain high until inflation comes down \u2014 Cardoso\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2024\\\/05\\\/13\\\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2024\\\/05\\\/13\\\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2023\\\/09\\\/Cardoso.png\",\"datePublished\":\"2024-05-13T15:13:50+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2024\\\/05\\\/13\\\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2024\\\/05\\\/13\\\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2024\\\/05\\\/13\\\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2023\\\/09\\\/Cardoso.png\",\"contentUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2023\\\/09\\\/Cardoso.png\",\"width\":648,\"height\":469,\"caption\":\"yemi Cardoso\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2024\\\/05\\\/13\\\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Interest rates to remain high until inflation comes down \u2014 Cardoso\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/\",\"name\":\"NEWS\",\"description\":\"Latest &amp; Trending Nigeria News, Entertainment, Sports\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#organization\",\"name\":\"WITHN NIGERIA MEDIA LIMITED\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/01\\\/Logo-dark-bg.png\",\"contentUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/01\\\/Logo-dark-bg.png\",\"width\":750,\"height\":500,\"caption\":\"WITHN NIGERIA MEDIA LIMITED\"},\"image\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/facebook.com\\\/withinnigeria\",\"https:\\\/\\\/x.com\\\/withinnigeria\",\"https:\\\/\\\/www.instagram.com\\\/withinnigeria\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/withinnigeria\\\/\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCo0qw0SqhKNTsQQM48FpdTA\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/person\\\/11ab87194f641326bf5479bd96864d73\",\"name\":\"Adejayan Gbenga Gsong\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2550bcb9e0a9edc282f2caeeec2c83111b44bb44e98f57fdd1ea8051f2223264?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2550bcb9e0a9edc282f2caeeec2c83111b44bb44e98f57fdd1ea8051f2223264?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2550bcb9e0a9edc282f2caeeec2c83111b44bb44e98f57fdd1ea8051f2223264?s=96&d=mm&r=g\",\"caption\":\"Adejayan Gbenga Gsong\"},\"description\":\"Adejayan is an award-winning Journalist and Opinion writer with varied experience in Nigeria. Mail me at AdejayanOluwagbenga@withinnigeria.com. See full profile on Within Nigeria's TEAM PAGE\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/author\\\/adejayan_gbenga\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Interest rates to remain high until inflation comes down \u2014 Cardoso","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.withinnigeria.com\/news\/2024\/05\/13\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\/","og_locale":"en_GB","og_type":"article","og_title":"Interest rates to remain high until inflation comes down \u2014 Cardoso","og_description":"Says orthodox policies would be implemented to tame inflation The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso said interest rates would","og_url":"https:\/\/www.withinnigeria.com\/news\/2024\/05\/13\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\/","og_site_name":"NEWS PICKS \u2014 WITHIN NIGERIA","article_publisher":"https:\/\/facebook.com\/withinnigeria","article_published_time":"2024-05-13T15:13:50+00:00","og_image":[{"width":648,"height":469,"url":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2023\/09\/Cardoso.png","type":"image\/png"}],"author":"Adejayan Gbenga Gsong","twitter_card":"summary_large_image","twitter_creator":"@withinnigeria","twitter_site":"@withinnigeria","twitter_misc":{"Written by":"Adejayan Gbenga Gsong","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.withinnigeria.com\/news\/2024\/05\/13\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\/#article","isPartOf":{"@id":"https:\/\/www.withinnigeria.com\/news\/2024\/05\/13\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\/"},"author":{"name":"Adejayan Gbenga Gsong","@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/person\/11ab87194f641326bf5479bd96864d73"},"headline":"Interest rates to remain high until inflation comes down \u2014 Cardoso","datePublished":"2024-05-13T15:13:50+00:00","mainEntityOfPage":{"@id":"https:\/\/www.withinnigeria.com\/news\/2024\/05\/13\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\/"},"wordCount":396,"commentCount":0,"publisher":{"@id":"https:\/\/www.withinnigeria.com\/news\/#organization"},"image":{"@id":"https:\/\/www.withinnigeria.com\/news\/2024\/05\/13\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\/#primaryimage"},"thumbnailUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2023\/09\/Cardoso.png","keywords":["Cardoso","high","inflation","Interest rates"],"articleSection":["Business","National"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.withinnigeria.com\/news\/2024\/05\/13\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.withinnigeria.com\/news\/2024\/05\/13\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\/","url":"https:\/\/www.withinnigeria.com\/news\/2024\/05\/13\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\/","name":"Interest rates to remain high until inflation comes down \u2014 Cardoso","isPartOf":{"@id":"https:\/\/www.withinnigeria.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.withinnigeria.com\/news\/2024\/05\/13\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\/#primaryimage"},"image":{"@id":"https:\/\/www.withinnigeria.com\/news\/2024\/05\/13\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\/#primaryimage"},"thumbnailUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2023\/09\/Cardoso.png","datePublished":"2024-05-13T15:13:50+00:00","breadcrumb":{"@id":"https:\/\/www.withinnigeria.com\/news\/2024\/05\/13\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.withinnigeria.com\/news\/2024\/05\/13\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.withinnigeria.com\/news\/2024\/05\/13\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\/#primaryimage","url":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2023\/09\/Cardoso.png","contentUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2023\/09\/Cardoso.png","width":648,"height":469,"caption":"yemi Cardoso"},{"@type":"BreadcrumbList","@id":"https:\/\/www.withinnigeria.com\/news\/2024\/05\/13\/interest-rates-to-remain-high-until-inflation-comes-down-cardoso\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.withinnigeria.com\/news\/"},{"@type":"ListItem","position":2,"name":"Interest rates to remain high until inflation comes down \u2014 Cardoso"}]},{"@type":"WebSite","@id":"https:\/\/www.withinnigeria.com\/news\/#website","url":"https:\/\/www.withinnigeria.com\/news\/","name":"NEWS","description":"Latest &amp; Trending Nigeria News, Entertainment, Sports","publisher":{"@id":"https:\/\/www.withinnigeria.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.withinnigeria.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.withinnigeria.com\/news\/#organization","name":"WITHN NIGERIA MEDIA LIMITED","url":"https:\/\/www.withinnigeria.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/01\/Logo-dark-bg.png","contentUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/01\/Logo-dark-bg.png","width":750,"height":500,"caption":"WITHN NIGERIA MEDIA LIMITED"},"image":{"@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/facebook.com\/withinnigeria","https:\/\/x.com\/withinnigeria","https:\/\/www.instagram.com\/withinnigeria\/","https:\/\/www.linkedin.com\/company\/withinnigeria\/","https:\/\/www.youtube.com\/channel\/UCo0qw0SqhKNTsQQM48FpdTA"]},{"@type":"Person","@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/person\/11ab87194f641326bf5479bd96864d73","name":"Adejayan Gbenga Gsong","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/secure.gravatar.com\/avatar\/2550bcb9e0a9edc282f2caeeec2c83111b44bb44e98f57fdd1ea8051f2223264?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/2550bcb9e0a9edc282f2caeeec2c83111b44bb44e98f57fdd1ea8051f2223264?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2550bcb9e0a9edc282f2caeeec2c83111b44bb44e98f57fdd1ea8051f2223264?s=96&d=mm&r=g","caption":"Adejayan Gbenga Gsong"},"description":"Adejayan is an award-winning Journalist and Opinion writer with varied experience in Nigeria. Mail me at AdejayanOluwagbenga@withinnigeria.com. See full profile on Within Nigeria's TEAM PAGE","url":"https:\/\/www.withinnigeria.com\/news\/author\/adejayan_gbenga\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/posts\/322682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/comments?post=322682"}],"version-history":[{"count":0,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/posts\/322682\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/media\/291124"}],"wp:attachment":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/media?parent=322682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/categories?post=322682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/tags?post=322682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}