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Nairaland Forum / Nairaland / General / Business / CBN Raises Interest Rate To 14% (19118 Views)
CBN Raises Interest Rate To 26.25 % Amid Soaring Inflation Levels / CBN Raises Interest Rate To 18.75% / CBN Raises Interest Rate To 15.5% To Curb Rising Inflation (2) (3) (4)
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Re: CBN Raises Interest Rate To 14% by Zico5(m): 8:22pm On Jul 19, 2022 |
Cognitivereason:You don't know what u are saying. Tell me one economic growth the guy has achieved since he assumed the position of CBN governor. Tell me one economic policy this country is enjoying currently under him. Dollar is now 630 naira at the black market. I may not be an economist but I know what's going on in this country. |
Re: CBN Raises Interest Rate To 14% by Didijiji: 8:23pm On Jul 19, 2022 |
SATAN PUNISH EVERY APC MEMBER. WICKED DEMONS |
Re: CBN Raises Interest Rate To 14% by Neoteny(m): 8:23pm On Jul 19, 2022 |
PMB is an incompetent all fart, through. But there is a global economic crisis going on where inflation is rising sharply in almost all countries. The way you people talk makes it seem Nigeria is insulated from affairs in the outside world |
Re: CBN Raises Interest Rate To 14% by Jayswiss100(m): 8:24pm On Jul 19, 2022 |
LongwayGone2021:Can't wait mhen... |
Re: CBN Raises Interest Rate To 14% by Cognitivereason: 8:24pm On Jul 19, 2022 |
lonecatt: inflation simply means too much money is flowing in an economy... too much money flowing in an economy where there are less things to buy means that money losses value and the things to be bought increase in price in order to cushion this central banks all over the world raise interest rate in order to discourage People from borrowing money to be circulated into an economy that already has an excess of it.. but Trust Nairalanders..they have no single clue of how economies works hence they are wailing even in things that glaring to understand |
Re: CBN Raises Interest Rate To 14% by Tetrahedron(m): 8:25pm On Jul 19, 2022 |
Don’t worry agbado plus cassava expert will fix everything next year
|
Re: CBN Raises Interest Rate To 14% by baralatie(m): 8:26pm On Jul 19, 2022 |
Zico5:Is it the cbn tht would initiate policies that would bring about growth or is he is the one that will make you import dependent country become an export country? |
Re: CBN Raises Interest Rate To 14% by harmargedon: 8:26pm On Jul 19, 2022 |
Tooreda:if it were in Goodlucks' time, many punk ass people would be in the streets protesting. |
Re: CBN Raises Interest Rate To 14% by Cognitivereason: 8:28pm On Jul 19, 2022 |
Zico5: listen..you dont have a clue of what is going on in this country..nothing even an iota of facts ..you dont have any.. this is secondary school economics that u are here disgracing urself with.. when there is inflation..Central banks all over the world issue out monetary policies to control how money flows in and out of that economy..an important and most effective way is to slow down access to loans and disbursement of funds from commercial banks.. look just go on youtube and learn,.. no be everything u go dey shout abeg... ur countries only export is crude oil...oil fell massively in 2014, we had covid 19 .today russia has worsened it with war..\ even if u had F9 in ur economics in secondary school.. u look at this 3 events and know in ur mind that Nigeria is a consuming nation yet u want $1 = 1kobo. 1 Like |
Re: CBN Raises Interest Rate To 14% by mamaafrik(m): 8:29pm On Jul 19, 2022 |
we need an upward review of salary,a 80% to match up with the present economic situation. |
Re: CBN Raises Interest Rate To 14% by lonecatt(m): 8:33pm On Jul 19, 2022 |
Cognitivereason:So your own understanding is that there is no need for enabling environment for small businesses to thrive? how Many small businesses can actually get a loan? how many small businesses can actually meet up with the increased interest rate? is the policy also aimed mamaafrik:at killing businesses? |
Re: CBN Raises Interest Rate To 14% by Zico5(m): 8:33pm On Jul 19, 2022 |
Cognitivereason:Just answer the simple question I put forward. Tell me one economic growth we are enjoying under him |
Re: CBN Raises Interest Rate To 14% by MartinsD12(m): 8:36pm On Jul 19, 2022 |
iwaeda:Las las apc government don finish Nigeria, suffer upon suffer yet this people get mind dey increase interest rate meanwhile salary is still the same , apc is evil, vote peter obi to rescue this dying economy of this country. |
Re: CBN Raises Interest Rate To 14% by Cognitivereason: 8:37pm On Jul 19, 2022 |
Zico5: you cannot enjoy anything.. all his policies had be geared towards cushioning the worst that we ought to have experienced if those policies were not in place you want him to bring up politics that will completely reverse the over 60 years of mismanagement and ruins in Nigeria.. no sir this isnt hollywood.. it doesnt work that way.. 1 Like |
Re: CBN Raises Interest Rate To 14% by VenumX: 8:38pm On Jul 19, 2022 |
Fmghewzy: Shut up 1 Like |
Re: CBN Raises Interest Rate To 14% by tnerro1(m): 8:39pm On Jul 19, 2022 |
Chijeep: And he will still collect 10% 1 Like |
Re: CBN Raises Interest Rate To 14% by Fmghewzy(m): 8:40pm On Jul 19, 2022 |
Re: CBN Raises Interest Rate To 14% by VenumX: 8:42pm On Jul 19, 2022 |
Fmghewzy: Because you are a big hypocrite. Just seal those lips cause you ain't smarter than anyone. |
Re: CBN Raises Interest Rate To 14% by Fmghewzy(m): 8:46pm On Jul 19, 2022 |
VenumX: Mumu. Baba just dey vex , decided to pour his frustration on me. I am not responsible for your misfortunes,so koshi lo |
Re: CBN Raises Interest Rate To 14% by VenumX: 8:47pm On Jul 19, 2022 |
Fmghewzy:Baba kor. You are the big mumu and the frustrated one here but you are too dumb to know this and seek help. Airhead. 1 Like |
Re: CBN Raises Interest Rate To 14% by sammyuche(m): 8:48pm On Jul 19, 2022 |
Cognitivereason: You're not quoting a novice sir as I'm well vast on the subject matter. Same tax rate was increased to 13% just last year alone. So we should keep increasing tax rate just to curb an inflating economy? Then that's a failed economy. Rubbish |
Re: CBN Raises Interest Rate To 14% by Fmghewzy(m): 8:50pm On Jul 19, 2022 |
VenumX: Ohh I know this slowpoke, you are that acid bath Retard. Mtchweew weyrey. Fuvk offf. Everyone knows you are a mad lady |
Re: CBN Raises Interest Rate To 14% by VenumX: 8:52pm On Jul 19, 2022 |
Fmghewzy: Only a mad animal will indulge with a supposed mad lady. Big f00l with empty brain . I am watching you on this forum. You and that your g@y partner you were defending on something that ain't your bizwax. Olofofo ed1ot. |
Re: CBN Raises Interest Rate To 14% by dfrost: 8:55pm On Jul 19, 2022 |
Vanzcharles: I simply don't engage them because I go to turn automatic mumu and madman join |
Re: CBN Raises Interest Rate To 14% by dfrost: 8:56pm On Jul 19, 2022 |
Fmghewzy: Just a simple research on the matter. And some will still be here looking for jobs, looking for someone to patronise them 1 Like |
Re: CBN Raises Interest Rate To 14% by Fmghewzy(m): 8:57pm On Jul 19, 2022 |
VenumX: I know you are a senseless slowpoke who enjoys trolling people. I didn't know at first,when I commented on your other moniker acid bath. I was wondering why someone could be so crazy. Now I know why. Aunty fuvk offf,am not the reason for your frustration.weyrey buruku!! |
Re: CBN Raises Interest Rate To 14% by lonecatt(m): 8:58pm On Jul 19, 2022 |
Cognitivereason:Are you also celebrating the fact that your country depends on only oil for export? What did buhari tell you when he was seeking for election? Why are there no local industries producing goods for exports ? Why do you support a government whose only dependence for revenue is oil? Why have we been borrowing over the years just to build infrastructures that will not help local businesses? Why are investors running away only for you to start increasing interest rate just to meet up for the investors you chase away? Are Nigerians to blame for the failures of those they entrusted with power who claim they would turn things around economically? How do we believe or take serious those who from day one have blamed the previous government for the economic woes Nigeria is presently witnessing? What is their business in governance in the first place? |
Re: CBN Raises Interest Rate To 14% by VenumX: 9:00pm On Jul 19, 2022 |
Fmghewzy: She-male Next time when you see a conversation that ain't your bizwax, position your fingerba3 d1ck forward and move. Olodo. |
Re: CBN Raises Interest Rate To 14% by buckeyemedia: 9:00pm On Jul 19, 2022 |
DLSReigns:The irony is that no matter who was there, it would have still been the same thing, isn’t it Jonathan Ebele that employed The CBN Boss Godwin Emefiele? Nigerians always looking for a scapegoat as if they are any better than their brethren there. |
Re: CBN Raises Interest Rate To 14% by Fmghewzy(m): 9:02pm On Jul 19, 2022 |
VenumX: Ewure ni eee Koshi looo |
Re: CBN Raises Interest Rate To 14% by VenumX: 9:03pm On Jul 19, 2022 |
Fmghewzy: Aboki c0ck sucker. See, I didn't have to hide with a dirty language to express myself. F00l. |
Re: CBN Raises Interest Rate To 14% by buckeyemedia: 9:04pm On Jul 19, 2022 |
lonecatt:You seem to only focus on Buhari & The Federal Government, our constitution of 1999 as amended guarantees 3 tiers of government, Federal, States & Local Government, what of your States & Local governments, can you mention any commodities they exported for foreign exchange based on their comparative advantages? You are no different from President Buhari, laying the blame game, Charity they say begins @ home. |
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