One of the reasons why I don't miss a single episode on Nairametrics! Excellent information. You should be inviting more of this kind of guests to your show. She's quite knowledgeable that even a 7 year old can understand her points.
From what I’m getting it is inflation and poor infrastructure that is raising interest rates not cost of funds. Because most banks have cheap source of funds(deposits) but they need a high spread because of the economic and infrastructure environment. I bet Nigerian banks run diesel 24-7. Thanks for the video.
One of the reasons why I don't miss a single episode on Nairametrics! Excellent information. You should be inviting more of this kind of guests to your show. She's quite knowledgeable that even a 7 year old can understand her points.
From what I’m getting it is inflation and poor infrastructure that is raising interest rates not cost of funds. Because most banks have cheap source of funds(deposits) but they need a high spread because of the economic and infrastructure environment. I bet Nigerian banks run diesel 24-7. Thanks for the video.