BusinessDay
Nigeria's leading finance and market intelligence news report.

How Nigeria’s low-interest-rate policy leaves economy with more losers

Apart from the double challenge of COVID-19 and lower oil prices, the Nigerian economy is faced with the impact of the financial repression policy by the Central Bank of Nigeria (CBN), as this has eroded the high returns on savings and investments. Described by analysts to mean negative return on savings and investment in real…



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