CBN commits to suppress inflation, interest rates – Emefiele

Nigeria’s apex bank Governor, Mr. Godwin Emefiele, has said the bank will continue to explore more avenues to ensure that interest rates are supportive of domestic production. Emefiele, who was represented by the Acting Director, Corporate Communications Department, Mr. Isaac Okorafor, said this yesterday at the 24th Seminar for Finance Correspondents and Business Editors holding […]

Read More

High interest rate holding down economic growth

Nigeria’s Organised Private Sector (OPS) has implored monetary authorities to take acceptable measures in reflating the economy through monetary easing and reduction of the high interest rate, which it said are currently stifling economic growth in the country. The Nigerian Employers Consultative Association (NECA), at the quarterly meeting of its Governing Council in Lagos, said […]

Read More