interest rate
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economy
CPPE urges MPC to halt interest rate hikes amid stretched policies
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Monetary Policy Committee (MPC) to halt interest rate hikes at its forthcoming meeting due to already stretched monetary policy instruments. Dr Muda Yusuf, Chief Executive Officer of CPPE, made the call in an interview with the News Agency of Nigeria (NAN) on Sunday in Lagos. NAN reports that…
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economy
Expert faults CBN increase in interest rate
Mr Daniel Akeju, an advisor and treasury manager has faulted the Central Bank of Nigeria (CBN) recent increase in the Monetary Policy Rate (MPR) in an attempt to curb inflation and stabilise the economy. Akeju, a member of the Chattered Institute of Treasury Management (CITM), made his position known while speaking with newsmen in Abuja on Thursday. The MPR is the…
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