Why CBN Raised Monetary Rate By 50 Basis Point To 27.25% And Implications

Africa’s largest economy is not yet at the right place where it is supposed to be in terms of productivity. With inflation at 32.15% and rural unemployment surging at 4.3%, inflation and unemployment remains core issues bothering not just the Central Bank of Nigeria (CBN) but also the Federal Government of Nigeria. Yemi Cardoso, the...The post Why CBN Raised Monetary Rate By 50 Basis Point To 27.25% And Implications first appeared on New Telegraph.The post Why CBN Raised Monetary Rate By 50 Basis Point To 27.25% And Implications appeared first on New Telegraph.

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