Nigeria: Inflation, Interest Rates, and the CBN’s Options, By Uddin Ifeanyi

October 28, 2024
[Premium Times] Very few patients with a life-threatening ailment would substitute the likelihood of death for the short-term inconvenience of a proven therapy. None would settle for the ravages of a cancer because the course of chemotherapy required to treat the cancer induces nausea and results in hair loss. That said, if the main arguments in the country today against the Central Bank of Nigeria's (CBN) tightening of domestic monetary conditions in its fight to bring inflation down offers anything to go by, Nigerians

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