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CBN cuts key interest rate...

CBN cuts key interest rate to 26.5%...

CBN sets sights on banking...

CBN sets sights on banking stability, fintech...

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...

Nigeria’s Inflation Rate...

Nigeria's Inflation Rate Drops by 10% in One Month: Before there can be wonders, there must be wonders, by Abubakar M. Kareto In a surprising...

TUC kicks against...

TUC kicks against VAT hike, warns of more hardship Story by Dajen Comfort Yakubu  The Trade Union Congress of Nigeria (TUC) has strongly opposed the proposed...

Nigeria’s inflation hits...

Nigeria's inflation hits 34.8% in Dec 2024 Nigeria's inflation rate has jumped to 34.80% in December 2024 from 34.60% in November 2024 according to the...

Nigeria’s inflation rises...

Nigeria's inflation rises to 32.70% after two-month decline Nigeria's headline inflation rate climbed to 32.70% in September 2024, up from 32.15% in August, reflecting a...

APC chieftain Igbokwe...

APC chieftain Igbokwe laments hardship, says Nigeria’s rescuers ‘Not Yet Born’ Joe Igbokwe, a notable All Progressives Congress (APC) chieftain and staunch supporter of President...

Obasanjo reveals reintroduction...

Obasanjo reveals reintroduction of subsidy amidst inflation Former President Olusegun Obasanjo has announced the reintroduction of the fuel subsidy, a measure previously eliminated by the...

Tinubu, beware the...

Tinubu, beware the gathering dark clouds (1), by Hassan Gimba, anipr The Arbiter  This was published on 10/05/2024, precisely five months ago. Was I clairvoyant? No,...

Inflation Relief: Customs...

Inflation Relief: Customs removes import duties, taxes on food items The Nigeria Customs Service (NCS) has announced the suspension of import duties and taxes on...

Lagos backs nationwide...

Lagos backs nationwide protest, says it's legitimate rights of citizens Story from Uji A. ILIYASU The Lagos State Government, has declared support for the nationwide protests...
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