This high interest rate

THESE are perilous times for Nigerians and the Nigerian economy. When, in May, the Central Bank of Nigeria (CBN) raised the interest rate by 150 basis points from 24.75 percent to 26.25 percent following a two-day meeting of its Monetary Policy Committee (MPC), there was outrage in the country. The committee said it agreed to […]

This high interest rate
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