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Category: Business & Economy

CBN cuts key interest rate...

CBN cuts key interest rate to 26.5%...

PayPal confirms data breach, users...

PayPal confirms data breach, users lose money Online...

CBN cuts key interest rate to 26.5% as inflation eases

CBN cuts key interest rate to 26.5% as inflation eases  story by Martha Gwary The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points, lowering it from 27 per cent to 26.5 per cent in a move aimed at consolidating the easing inflationary trend. The Governor of the apex bank, Olayemi Cardoso, announced the decision while briefing journalists at the end of the 304th meeting of the Monetary Policy Committee (MPC) held in Abuja on Tuesday. READ ALSO: CBN recruits beg Tinubu, CBN Governor to look in...
Abdullahi Mustapha Haruna -
Business & Economy

CBN cuts key...

CBN cuts key interest rate to 26.5% as inflation eases  story by Martha Gwary The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate...
Abdullahi Mustapha Haruna -
Business & Economy

PayPal confirms data...

PayPal confirms data breach, users lose money Online payment giant PayPal has confirmed that a recent data breach affected a number of its customers, with...
Abdullahi Mustapha Haruna -
Business & Economy

Naira could strengthen...

Naira could strengthen to ₦1,100/$1 in 2026, says Aliko Dangote Story by Martha Gwary The President and Chairman of the Dangote Group, Aliko Dangote, has projected...
Abdullahi Mustapha Haruna -
Business & Economy

Dangote Refinery cuts...

Dangote Refinery cuts ex-depot petrol price by ₦25 Dangote Petroleum Refinery has reduced its ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol,...
Abdullahi Mustapha Haruna -
Business & Economy

Dangote cement, Aradel...

Dangote cement, Aradel rally adds ₦1.4tn to NGX value Story by Martha Gwary Buying interest in heavyweight stocks, led by Dangote Cement and Aradel, lifted the...
Abdullahi Mustapha Haruna -
Business & Economy

Taxes, fuel price...

Taxes, fuel price hikes drag business confidence to six-month low – NESG Story by Martha Gwary Business growth in Nigeria slowed markedly in January 2026 as...
Abdullahi Mustapha Haruna -
Business & Economy

FAAC Deadlock: States...

FAAC Deadlock: States reject ₦1.9tn, January revenue allocation stalled Story by Martha Gwary Disagreement over the amount of revenue to be shared among the three tiers...
Abdullahi Mustapha Haruna -
Business & Economy

BoldBrick, YCIH deepen...

BoldBrick, YCIH deepen strategic partnership as preparation begins for  unreal mansion development in Abuja BoldBrick Constructions & Works Ltd has announced a deepening of its...
Abdullahi Mustapha Haruna -
Business & Economy

Dangote Refinery ends...

Dangote Refinery ends festive subsidy; petrol prices realign to ₦839 per litre The Dangote Petroleum Refinery has officially ended its holiday price intervention, announcing a...
Abdullahi Mustapha Haruna -
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