Interest rates might hit 35% per annum —FDC

CBN directs payment service providers to begin PoS transaction tracking

Interest rates might hit 35% per annum —FDC …C0NTINUE READING HERE >>> Managing Director/Chief Executive Officer of the Financial Derivatives Company Limited (FDC), Mr. Bismarck Rewane, has said the effect of the increase in the Cash Reserve Ratio (CRR) on interest rates will push up borrowing costs to 33 – 35 percent per annum (p.a), … Read more