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


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