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OPS expresses frustration over high interest rate regime in 2017

The Organised Private Sector (OPS) Nigeria has expressed frustration over the high interest rate regime which persisted in 2017.  In their review of the outgoing year, Manufacturers Association of Nigeria, MAN;   Nigeria Employers Consultative Association, NECA; Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) noted that  their vigorous  advocacy for   single digit interest rate regime  in Nigeria, specifically five percent,  went  unheeded, and unfulfilled by the monetary policy.

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Declare emergency on forex, Sapele chamber of Commerce urges Buhari

Sapele Chamber of Commerce, Industry, Mines and Agriculture, SACCIMA, Sapele, Delta State, has advised the Federal Government to declare a state of emergency on foreign exchange (forex) by stopping the financing imports of all non-government or essential commodities or settlements of important bills and BTA’s, as it was in the mid-80s when forex was allocated for essential imports only.

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