Liquidity surge from FAAC raises inflation concerns – Cardoso

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has expressed concern over the inflationary implications of rising liquidity levels in the banking system, warning that increasing statutory revenue disbursements through the Federation Account Allocation Committee (FAAC) could undermine the Bank’s disinflation efforts if not counterbalanced by tighter monetary conditions. This is according [...]The post Liquidity surge from FAAC raises inflation concerns – Cardoso appeared first on Nairametrics.

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