Rate Hike: MAN, NECA Warn CBN on Imminent Recession, Higher Prices
The Manufacturers Association of Nigeria (MAN) and the Nigeria Employers’ Consultative Association (NECA) have said the recent increase of the Monetary Policy Rate by the Central Bank of Nigeria will compound the imminent recession...
Financial analysts have cautioned the Monetary Policy Committee of the Central Bank of Nigeria to avoid increasing the Monetary Policy Rate, currently fixed at 12 per cent, ahead of the committee’s meeting scheduled for today and tomorrow, 25-26 July, 2016 .
The Monetary Policy Rate...
