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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...
Abdullahi Mustapha Haruna -
Business & Economy

Nigeria’s inflation drops...

Nigeria’s inflation drops first time in 11 months Nigeria’s inflation rate dropped for the first time in 11 months to 21.34 per cent from 21.47...
Salim Sani -
Business & Economy

Nigeria inflation rises...

Nigeria inflation rises for 10th straight month to 21.47% - NBS Nigeria’s inflation rate rose for the 10th consecutive month in November to 21.47 per...
Maryam Umar -
Business & Economy

Inflation Control: CBN...

Inflation Control: CBN raises interest rate to 16.5% The Central Bank of Nigeria (CBN) on Tuesday raised its benchmark lending rate to 16.5 per cent...
Maryam Umar -
Business & Economy

Nigeria’s inflation rises...

Nigeria's inflation rises amid high food, energy prices - NBS Nigeria’s inflation rate rose to 21.09 per cent in October 2022 on the back of...
Salim Sani -
Business & Economy

Analyst proffers solutions...

Kenneth AFOR, LAGOS  Analyst proffers solutions to Nigeria's rising inflation  According to the National Bureau of Statistics (NBS), Nigeria's inflation figure in the month of June...
Kenneth Afor -
Business & Economy

Inflation in Nigeria...

Inflation in Nigeria hit 15.92% in March – NBS Inflation in Nigeria hit 15.92 per cent in March 2022, a 0.22 per cent rise compared...
Salim Sani -
Business & Economy

Inflation: MultiChoice announces...

Inflation: MultiChoice announces new price for DSTV, GOtv packages MultiChoice Nigeria has announced new prices for DSTV and GOtv packages, with effect from April 1,...
Salim Sani -
Opinion

Tinubu and campaign...

Tinubu and campaign of calumny, by Ali Idris As has always been the case when electioneering season approaches, following Asiwaju Bola Tinubu's declaration to contest for...
Gift Luckson -
Celebration

Eid-El-Kabir: People abandon...

In Katsina state, most ram markets have been deserted few hours before the Eid-el-Kabir celebration. This is due to the exorbitant prices of livestock. Channels...
Gift Luckson -
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