Tag: Experts

Increase in lending rate’ll dampen credit creation – Analysts

Experts have said the successive increase in the lending rate in 2012 by the Central Bank of Nigeria will dampen credit creation in the economy. The experts, who spoke with our correspondent on Thursday, said that the move by the MPC had increased the cost of borrowing, which was having […]

At 52, experts lament Nigeria’s economic woes

As the country recently added another year to its age, experts  examine the journey so far. Their aggregate position points to an era with little or nothing to cheer, ADEMOLA ALAWIYE writes The Federal Government appears to have been insistent that the economy has been growing, despite arguments from the […]