The Central Bank of Nigeria (CBN) is expected to cut the benchmark interest rate as the apex bank enters a renewed phase of monetary easing to boost domestic productivity. Analysts’ consensus yesterday indicated that the apex bank would at the end of its two-day meeting starting today reduce the benchmark interest rate by at least […]
•Prof Kila As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria prepares to meet today and tomorrow, September 23 to 24, it is safe to say that only one of three outcomes is possible. They will either increase, decrease or keep interest at the same level. My suggestion for them is to […]
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