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

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

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

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