Analysts and stakeholders have called for monetary easing by the Central Bank of Nigeria as the average inflation rate forecast for 2013 is in single digit, Ademola Alawiye writes Efforts by the Central Bank of Nigeria to attain a single-digit inflation rate finally came to pass last week as the […]
Tag: Analysts
Examining effects of foreign dominance on Nigerian market
At present, foreign investors control over 70 per cent of transactions in the Nigerian capital market. Does this have any implication on the market? UDEME EKWERE analyses the situation from operators’ perspectives During the global meltdown of 2007 and 2008, a lot of global and local firms were negatively affected. […]
CBN has to force rates down – Analysts
The Central Bank of Nigeria may have to adopt a radical approach by forcing lending rates down in order to boost the real sector of Nigeria’s economy, analysts have said. According them, lending rates have to be lower than they are presently, preferably below double digits, to build the real […]