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Tag Archives: CBN: election spending threatens naira stability

May, 2018

  • 9 May

    CBN: election spending threatens naira stability

    The Central Bank of Nigeria (CBN) has warned that the economy faces inflation and financial stability risks over the short-to medium-term if expected huge election spending is not checked. CBN Deputy Governor (Corporate Services) Adamu Edward Lamtek explained in his personal statement at the last Monetary Policy  Committee  (MPC)  meeting released yesterday by the CBN that  if excess liquidity was ...