CBN’s bumper rate hike worries manufacturers, others
The organised private sector (OPS) has described the decision of the Central Bank of Nigeria to raise its benchmark interest rate and the cash reserve ratio (CRR) as detrimental to the manufacturing sector and the economy in general. The Monetary Policy Committee of the CBN had on Tuesday increased the monetary policy rate (MPC) to […]
read more CBN’s bumper rate hike worries manufacturers, others