Economists say retaining high interest rate negates economic growth

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Economists say retaining high interest rate negates economic growth

« on: January 27, 2017, 07:01:24 AM »

Economists say retaining high interest rate negates economic growth

Lagos – Financial experts on Wednesday expressed disappointment at the retention of the Benchmark interest rate by the Central Bank of Nigeria (CBN), saying that the decision was antithetical to economic growth. The experts told the News Agency of Nigeria (NAN) in Lagos that retaining the Monetary Policy Ratio (MPR) at 14 per cent and […]
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