Alert icon
We're changing our privacy policy. This stuff matters.  Learn more  Dismiss

Nigerian interest rate rise with CBN Governor, Sanusi Lamido Sanusi

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
705 views
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Jan 26, 2011

(www.abndigital.com)
Nigeria raised its benchmark interest rate by 25 basis points to 6.5 percent.
The Central Bank says this is part of the normalisation of monetary policy after the financial crisis.

The CBN took aggressive measures to tighten liquidity as its seeks to get inflation down to single digits. It raised the cash reserve requirement for banks to 2 percent from 1.

ABN's Wole Faumera spoke to CBN Governor, Sanusi Lamido Sanusi about whether this monetary tightening is necessary considering the fact that inflation has been on a downward trend and private sector credit has contracted.

Category:

News & Politics

Tags:

License:

Standard YouTube License

  • likes, 0 dislikes

Link to this comment:

Share to:
see all

All Comments (0)

Sign In or Sign Up now to post a comment!
Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more