Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

CBN’s priority is macro stability, not portfolio investment — Analysts

Nigeria’s monetary policy should not be viewed as a choice between attracting foreign portfolio investments and supporting local businesses, as the Central Bank of Nigeria’s primary responsibility is to maintain macroeconomic stability, according to Director of Deals Advisory at PwC, Wale Olusi. Olusi said the CBN’s decision to keep interest rates elevated was driven by Read More:…

CBN’s priority is macro stability, not portfolio investment — Analysts

We haven't written up this one. Punch Nigeria has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at punchng.com →

More in Finance & Markets

More from Thursday 27 August →