PoliticsNigeria
The Central Bank of Nigeria (CBN) has explained the reason for continued high interest rates, stating that its monetary policy stance is not only aimed at curbing inflation but also at restoring economic credibility, rebuilding investor confidence, and defending the value of the naira. CBN Governor Olayemi Cardoso made this known on Monday at the …
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CBN gives reasons why interest rate remains high
The Central Bank of Nigeria (CBN) has explained the reason for continued high interest rates, stating that its monetary policy stance is not only aimed at curbing inflation but also at restoring economic credibility, rebuilding investor confidence, and defending the value of the naira. CBN Governor Olayemi Cardoso made this known on Monday at the