LCCI Speaks on High Borrowing Cost in Nigeria, Solution to Inflation

LCCI Speaks on High Borrowing Cost in Nigeria, Solution to Inflation …C0NTINUE READING HERE >>>

The LCCI has cautioned on numerous occasions that rate hikes alone won’t be sufficient to lower inflationThe LCCI president claimed that reduced investment incentives and increased borrowing costs plague the organized private sectorHe said the real sector has demonstrated its capacity to expand the industrial foundation of the economy and create jobs

Henzodaily.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

Gabriel Idahosa, president of the LCCI said the Chamber has repeatedly warned that rate increases won’t be enough to…

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