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The Managing Director, of Cowry Asset Management Limited, Mr. Johnson Chukwu has said that the hawkish monetary approach by the Central Bank of Nigeria (CBN) which saw a further increase in interest rate by 16.5% would increase the non-performing loan book of banks. Chukwu stated this while speaking on the downside effect of the increase to the economy at a ...
Read More »Why CBN Monetary policy will affect loan book of banks- Expert
