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Consecutive aggressive interest rate squeeze will further depress economy — CBN deputy gov

The Central Bank of Nigeria (CBN) Deputy Governor, Financial System Stability Directorate, Philip Ikeazor, has said given the poor contribution to growth and vulnerability to rate hikes of the oil and manufacturing sectors of the economy, consecutive aggressive tightening of interest rate will further depress the economy. He made the…
Aloysius Uche Ordu Philip Ikeazor Olayemi Cardoso Central Bank Development Programme At Brookings Monetary Policy Committee

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