Tag Archives: CBN’s Interest Rate Surge Threatens Business Survival

CBN’s Interest Rate Surge Threatens Business Survival, Job Creation – Dangote Warns

ABUJA, FCT, NIGERIA – Aliko Dangote, Chairman of the Dangote Group, sounded a stark warning against the Central Bank of Nigeria’s recent decision to raise interest rates to nearly 30 percent. Speaking at a summit organized by the Manufacturers Association of Nigeria (MAN), Dangote emphasized that such a steep interest …

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