@channelstv | 6,429,674 followers
In an effort to combat the lingering inflation, the MPC of the CBN has voted to raise the benchmark interest rate by 100 basis points, to 17.5% from 16.5%.

Is it the medicine that's the problem, or is it the dose? Economic expert Bismark Rewane explains.


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Nigeria raised it interest rate by 100 basis points. Really! What is happening to this country?

Bank of Canada is finding it difficult to increase by just 25 BP.


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