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…

This content is for $3.99 for 2 months, 1 Month Free , 14 Days Free Trial, 2 Weeks FREE plan, 2 Weeks FREE plan (Flutterwave), 2 Weeks FREE plan (NAIJASTARTUP), 2 Weeks FREE plan (Paylater), 2 Weeks FREE plan (PiggyVest), 2 Weeks FREE plan (She Leads Africa), 2 Weeks FREE plan (Union Bank), 2 Weeks FREE plan (Wema Bank), 30 Days Free Trial, BusinessDay/Ready Set Work Premium Yearly (FREE), Campus/Student Plan, Combo offer with print, Delay Sub testing, Monthly Plan , N1,000 for 2 months, N500 for 1 month**, Premium Bi-Annual, Premium Bi-Annual USD, Premium Monthly, Premium Yearly, Premium Yearly (CFA Society Nigeria ), Premium Yearly (Union Bank), Premium Yearly USD, Staff, Standard Bi-Annual, Standard Bi-Annual USD, Standard Monthly, Standard Yearly, Standard Yearly USD, Standard Yearly- Welcome Back Package, Student Yearly, Test Free Card, Test Free Trial, and USD monthly members only. Visit the site and log in/register to read.

Find more latest news and headlines from the newspaper