Financial analysts have called on the Central Bank of Nigeria to begin a process of monetary policy slackening in order to boost liquidity in the system. The Financial Derivative Company Limited in a report made available to our correspondent on Friday said there was the need to start reducing the […]
Tag: Monetary Policy
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 […]
CBN monetary policy: Boosting external reserves, hurting businesses – Analysts
The monetary policy adopted by the Central Bank of Nigeria has impacted positively on Nigeria’s foreign exchange reserves but businesses are faced with high cost of borrowing, writes Okechukwu Nnodim Economists and financial analysts have expressed varied views regarding the determination of the Central Bank of Nigeria to maintain its […]
