Inflation: MAN asks CBN to halt interest rate hikes, explore alternative measures

Inflation: MAN asks CBN to halt interest rate hikes, explore alternative measures

The Manufacturers Association of Nigeria has called on the Central Bank of Nigeria to stop increasing the monetary policy rate and instead explore a monetary-fiscal option to bring down inflation. In a statement on Thursday, the Director General of MAN, Segun Ajayi-Kadir, said the recent hike in interest rate to 27.25 per cent would worsen

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