MONETARY POLICES FINANCIAL EXPERTS IN NIGERIA DIVIDED OVER RATES OF LENDING

Nigerian financial experts are engaged in contrasting agreements on the rate of monetary lending by the country’s central bank.

It is not clear whether the decision to reduce the interest rate could open for more lending in the banking sector would be approved by the financial institution.

Experts are also divided on whether the country should go back for recession, as projected by the government and the international monetary fund.

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