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Korede Ologun: Why the MPC of Nigeria Decided to Lower Interest Rates
01-12-2015 | 11:21:00
“Now that policy rate is presumably below the neutral interest rate to buttress Nigeria’s stance on expanding the economy, there is no room for an insensible fiscal interaction”.
Korede Ologun: The Single Treasury System will Redirect Nigerian Banks to the Basics of Banking
22-10-2015 | 11:37:00
The TSA policy has been around for more than 5 years now but was again pressured to a halt by the banking community when it was revisited in 2014. Obviously, the banks have gone off course depending largely on cheap funds and playing safe with bonds and other money market instruments.