The Central Bank of Nigeria (CBN) has kept interest rates on hold for now, leaving investors asking questions on strategies to follow for risk balancing and returns in the short to medium term.
The Monetary Policy Committee (MPC) of the CBN last Tuesday voted to keep the benchmark policy rate unchanged at 27.5 percent, the third hold decision this year.
This means borrowing costs remain high, credit might be tighter, and the cost of capital for businesses remains elevated.
