Hoarding, poor confidence driving scarcity of forex – Adenikinju, MPC member
President of the Nigerian Economic Society, Prof Adeola Adenikinju has flayed the current low value of the naira, insisting that the exchange rate market is
Tag : MPC member
Oil theft affecting govt finances, naira stability – MPC member
Massive oil theft, among other challenges, is affecting government finances and threatening naira stability. The Central Bank of Nigeria (CBN) disclosed this in a report
Most bank creditors got loans at below 15% interest rate – MPC member
About 83.04 per cent of banking creditors were able to access credit at below 15 per cent lending rates as of February. A member of
Bank credits vulnerable to falling oil prices — MPC member
Falling prices in the oil and gas sector which gulp 26 per cent of the credit in the banking sector exposes the lending institution’s risk
