Analysts skeptical of Nigeria's central bank's plan to cut interest rates

130 views · Published 31 January 2018 · 3:53 · Indexed 20 September 2026

Channel: CGTN Africa · 2018 · News & Politics

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Nigeria's business community is waiting to see if interest rates will fall. The Central Bank Governor says it may happen by June. However, inflation is currently above the target band, and the Monetary Policy Committee is yet to be set up as the Senate has refused to confirm President Buhari's nominees. CGTN's Deji Badmus takes a look at some businesses' concerns. 

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