The CBN Increasing Interest Rate Has Not Worked Before and Will Not Work Now -Dandakata
The CBN Increasing Interest Rate Has Not Worked Before and Will Not Work Now -Dandakata
The issue with the Nigerian economy is not about the money supply but about products and commodity supply.
Ibrahim Dandakata, Chairman, Arewa Economic Forum
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In as much as I dislike this government and the CBN's clueless approach to pretty much everything, it is standard practice to increase interest rates as a defense against rising inflation.
The problem here is that the rate of inflation in Nigeria is off the charts and the people in charge are crooks.
Nigeria problem is basically lack of Transparency
Why is the news not live and its shows its was posted 11 min ago. But the actual news seem last night / evening