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After The Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) to 16.5 percent, from 14 percent in the bid to fight inflation.

We thought to share our veiw on how this move may impact the economy moving forward.

Learn more on @cnbcafrica :https://lnkd.in/dUJdDvYX

nigerianbusinesses #nigerianinvestor #commercialpapers #nigeriandebt #nigerianmarket #nigerianinvestorsinuk

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After The Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) to 16.5 percent, from 14 percent in the bid to fight inflation. We thought to share our veiw on how this move may impact the economy moving forward. Learn more on @cnbcafrica :https://lnkd.in/dUJdDvYX nigerianbusinesses #nigerianinvestor #commercialpapers #nigeriandebt #nigerianmarket #nigerianinvestorsinuk

Nigeria’s current debt stock is currently at $40bn, of which foreign debt is valued at $15.6bn. Do you think Nigeria needs the intervention of the IMF or debt restructuring to cover its debt? With Nigeria's current financial debt, it's easy to think we will need a debt restructuring to meet up with our financial obligations. Egie Akpata, our Chairman sheds more light on this issue... #nigerianbusinesses #nigerianinvestor #commercialpapers #nigeriandebt #nigerianmarket #nigerianinvestorsinuk