Archives Tag: Monetary Policy Rate
Simple Guide to Understanding Interest Rates in Nigeria
April 19, 2022
Interest rates are important to any nation’s economic framework. It affects personal finances, business operations, and the overall economy. This is also true in Nigeria. However, not many understand how interest rates are determined. For many, interest rates are arbitrarily determined by individual banks. But nothing can be farther from the truth than that. … Continue reading Simple Guide to Understanding Interest Rates in Nigeria
