Impact Of CBN Monetary Policy On Nigerian Economy
Channels Television
Joined: Mar 2024Impact Of CBN Monetary Policy On Nigerian Economy
Many Nigerians have been struggling with rising living costs for months. Just a few weeks ago, the Central Bank of Nigeria,{CBN} jerked up interest rate to 24.75 percent In a bid curb inflation and stabilise the foreign exchange market rate.
But some experts say this effort might further hurt the economy. Inflation in the country is at its…
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