FG targets single digit interest rate by 2020

FG targets single digit interest rate by 2020

The Federal Government has said it is working towards reducing interest rate to single digit by the year 2020. Minister of State for Budget and National Planning, Zainab Ahmed, stated this on Thursday at the 23rd Nigerian Economic Summit (NES#23) in Abuja. In September, the Central Bank of Nigeria (CBN) during the Monetary Policy Rate meeting left…

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