Post by Arise News (@arisenews)

No Business Owner Can Currently Afford A 30% Interest Rate On Borrowings In Nigeria - Chizea

CBN might be handicapped because they don't have the tools to fight inflation. Monetary policy rate should be the lowest in the economy, while interest rates should be a lower single digit if we want an effective banking system.

Dr. Boniface Chizea
Economist and Financial Affairs Activist

No Business Owner Can Currently Afford A 30% Interest Rate On Borrowings In Nigeria - Chizea CBN mi...

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