The think tank said the adjustment could provide relief to businesses, particularly those operating in manufacturing, agriculture, construction and logistics, where high financing costs have constrained investment, production and working capital. The post CBN’s rate cut could boost investment, relieve businesses – CPPE appeared first on Premium Times Nigeria .
The next phase of consumption will be driven by upward mobility into brackets where discretionary spending accelerates, said Finance Minister Nirmala Sitharaman
Nigeria’s equities market could see stronger investor demand following the Central Bank of Nigeria’s (CBN) decision to cut its benchmark interest rate by 350 basis points to 23%.
