Nigeria: Taming inflation for economic stability, with high interest rates, By Fidelis Nwagwu

Nigeria operates as a transitional economy, which maintains tight monetary controls to fight inflation and sustain growth and protect fiscal stability and external stability. As inflation begins to decrease, attention will shift toward whether CBN governor Olayemi Cardoso’s committee will choose to start relaxing monetary policies. The current 27.50 per cent policy rate functions as […]

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