Experts See Banks Benefiting From Elevated Interest Rate Environment

Independentng | 24-02-2025 04:41pm |

The decision of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to halt further increase of monetary rates has been described as one that will benefit the banks. According to analysts at FBNQuest, they said the link between MPR and in­terest rates is an impetus for better deals. “Given that lending [...]

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