Enugu Chamber Calls for CBN Policies to Boost Local Business Survival

Enugu Chamber Calls for CBN Policies to Boost Local Business Survival

By: Nigeria Time News

On: April 13, 2025

In: Business & Economy

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The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) has urged the Central Bank of Nigeria (CBN) to take more decisive actions to support the survival of indigenous businesses.

Chief Odeiga Jideonwo, ECCIMA’s President, made this call during the CBN Special Day at the 36th Enugu International Trade Fair on Saturday.

He specifically expressed concerns about the continuous rise in interest rates as part of the CBN’s efforts to manage inflation and liquidity challenges.

He also praised the CBN’s recent decision to reverse its 2023 policy of avoiding trade fairs, noting that this move would improve communication between the bank and the public.

By attending trade fairs, the CBN can directly engage with Nigerians, promoting financial inclusion and creating more awareness about available payment platforms..

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