The Central Bank’s Benchmark Rate and the Rest of the Economy, By Uddin Ifeanyi
If lower rates are that desirable, one might ask, what's to stop the central bank from driving rates to zero ...
If lower rates are that desirable, one might ask, what's to stop the central bank from driving rates to zero ...
The devil in the counter argument is in the sleight of hand undergirding the CBN’s apparent recent policy switch.
There has to be a significant reduction in the rates for fixed instruments to serve as a disincentive for banks ...
Everyone of us has responsibilities – to change our behaviour towards credit, and to understand our economy better, such as ...
...both our fiscal and monetary authorities should have seen that the rise in crude oil prices from 2009, after the ...
Anyone that suggests that this economy will pull out of this morass first by reducing interest rates, so that people ...
...government should make sure that fiscal and monetary policymakers are working together to promote a sustainable inward-looking economy, which in ...
Apparently, with recent changes that removed some of the old avenues for profiteering, the banks declared war on their customers, ...