House committee warns Central Bank of Nigeria (CBN) that maintaining high interest rates aimed at curbing inflation may backfire The House of Representatives Committee on National Planning and Economic Development has cautioned the Central Bank of Nigeria (CBN) against the unintended consequences of maintaining high interest rates aimed at curbing inflation. Chairman of the Committee, Rep. Gboyega Nasiru (APC-Ogun), issued the caution on Wednesday in Abuja during a meeting with the Statistician-General of the Federation...










