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 […]
Tag: economy
FG to reduce lending rate for growth
The Federal Government says it has resolved to reduce lending rate to single digit to attract investors and grow the economy. This indication was given on Monday by the Minister of Trade and Investment, Mr. Olusegun Aganga, at the foundation laying ceremony of Funduk Intravenous Fluids Factory in Ibadan. According […]
