CBN forecasts slower growth, reduces lending rate to 12.5%

Nike Popoola. The Monetary Policy Committee on Thursday said the lower growth recorded in the economy in first quarter of 2020 was expected to dip slightly but with combined monetary and fiscal stimulus, the country may avoid a recession. The CBN ...

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Nike Popoola. The Monetary Policy Committee on Thursday said the lower growth recorded in the economy in first quarter of 2020 was expected to dip slightly but with combined monetary and fiscal stimulus, the country may avoid a recession. The CBN ... https://ift.tt/eA8V8J

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