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All posts tagged "interest rates"
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‘NO second term for me’, what Sanusi told Jonathan in 2011
The Governor, Central Bank of Nigeria (CBN), Malam Sanusi Lamido Sanusi, has shed more light on his decision not to vie for second term in office. According to Malam Sanusi, he intimated President Goodluck Jonathan way back...
- Posted March 27, 2013
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Reps ask CBN to implement single-digit lending rate
The House of Representatives on Wednesday pushed for a single-digit benchmark lending rate in the country’s banking industry. It directed its Committee on Banking and Currency to engage the Central Bank of Nigeria on the matter with...
- Posted February 21, 2013
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Interest Rates: Out Of Control Government Spending Stays CBN’s Hand
Plans by the Federal Government to accelerate spending in 2013 will make it difficult for the Central Bank of Nigeria to reduce interest rates. The inflationary effects of an expansive government spending regime will be too volatile...
- Posted January 21, 2013