“The question remains, why is the MPC attempting to address inflation by increasing the lending rate, thereby reducing the money supply when the cause of Nigeria’s inflation is not, in fact, an increase in the money supply but an increase in price levels?” On the 25th and 26th of July, 2016, Nigeria’s Monetary Policy Committee … More The Central Bank of Nigeria: Battling Inflation with a Knife | by Oluwatosin Olaseinde