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

How risk of Nigeria’s artificially low interest rates exceeds policy gain

Aimed at diverting liquidity away from risk-free instruments to the real sector, Nigeria’s low-interest rate policy may have achieved its purpose but its side effect could mean more challenges for Nigeria’s already troubled economy. The financial repression tactics by the Central Bank of Nigeria (CBN) have eroded the high returns on savings and investments, and…



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