A recent Household Expectations Survey conducted by the Central Bank of Nigeria (CBN) in February 2025 reveals that 65.5% of Nigerian households advocate for a reduction in lending rates, viewing it as beneficial for the economy. The survey provides insights into public perceptions of various economic factors, such as inflation, interest rates, exchange rates, and overall economic confidence. The sentiment suggests a significant portion of the population is concerned about the current cost of borrowing and its impact on economic growth and stability.
The findings could influence future monetary policy decisions in response to public opinion on economic management.
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