LCCI urges CBN to halt interest rate hikes, cites inflationary concerns

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The Lagos Chamber of Commerce and Industry has urged the Central Bank of Nigeria to suspend interest rate hikes as a measure to alleviate supply-side pressures contributing to rising inflation. In a statement released on Monday, the Director-General of LCCI, Dr. Chinyere Almona, responded to the August inflation rate of 25.80 per cent. The PUNCH Read More



Source: Punch Newspaper