Interest rate 26.25%: Private sector fears loan repayment crisis

Yemi-Cardoso (1)

Members of the Organized Private Sector and economists have expressed fears over the recent increase in the nations base interest rate (Monetary Policy Rate) by the Monetary Policy Committee, saying the decision could significantly hamper the ability of economic operators to repay their loans. . At the end of its 295th meeting on Tuesday, the … Read more