Why CBN interest rate hikes may fail to reduce Nigeria’s inflation
Nigeria’s headline inflation has continued to worsen despite the CBN's attempt to hike interest rates.
Tag: Interest rate hike
What does CBN’s new Interest rate hike mean for the Nigerian economy?
MPC’s decision was intended to slow galloping inflation and save the persistent Naira depreciation.
Banks inform customers of impending rise in interest rates
Whilst banks mull higher interest rates, the CBN appears to be doubling down on increasing its lending via intervention funds.
