Firms expect borrowing cost to decline in 3 months
The outlook over the next six months, CBN maintained remains strong, with confidence indices in all sectors reflecting positive sentiment over the review periods.
CBN said: “Respondents expect borrowing rates to remain elevated across the same periods, as indicated by the consistently positive borrowing rate indices.
According to CBN, Respondents’ positive sentiment on macro economy was largely underpinned by increased demand (22.
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