MPR hike: Tougher time for borrowers, pensioners as inflation, interest rate gap widens

Tribune Online
MPR hike: Tougher time for borrowers, pensioners as inflation, interest rate gap widens

Tuesday’s hike in the Monetary Policy Rate (MPR) by the Central Bank of Nigeria (CBN) has raised serious concerns for borrowers, businesses, and pensioners, as the gap between interest rates and inflation has widened to a significant 5.88 percent, intensifying the strain on households and businesses while posing a considerable threat to the nation’s economic […]

MPR hike: Tougher time for borrowers, pensioners as inflation, interest rate gap widens
Tribune Online