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abujagirl
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Experts in the financial market and financial analysts have commended the set goals of the new governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, saying his strategy of stimulating growth in the economy through increased employment is commendable.
However, they are of the opinion that the gradual reduction of interest rate will not be immediate or as early as many may presume, noting that maintaining a stable exchange rate will top his priority list out of the “difficult twin goals.”
According to the head, Research & Investment Advisory, Sterling Capital Markets Limited, Mr Sewa Wusu, the introduction of a broad spectrum of financing for various sectors such as agriculture, small and medium enterprises amongst others is critical to the growth of the economy.
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Source: Leeadership
#leadership #CentralBankofNigeria #cbn #GodwinEmefiele
However, they are of the opinion that the gradual reduction of interest rate will not be immediate or as early as many may presume, noting that maintaining a stable exchange rate will top his priority list out of the “difficult twin goals.”
According to the head, Research & Investment Advisory, Sterling Capital Markets Limited, Mr Sewa Wusu, the introduction of a broad spectrum of financing for various sectors such as agriculture, small and medium enterprises amongst others is critical to the growth of the economy.
Click here to read more
Source: Leeadership
#leadership #CentralBankofNigeria #cbn #GodwinEmefiele
