Protesters stormed the AGF’s office demanding an investigation into Mele Kyari’s tenure at NNPCL, focusing on alleged corruption and a $2 billion debt.
Nigeria's inflation battle intensifies as the MPC meets to decide on measures to curb rising prices. Key areas include interest rates, currency stability, and food security.
Nigerians are feeling the pinch of rising prices, and the Central Bank is taking decisive action. Governor Dr. Olayemi Cardoso reaffirmed the Monetary Policy Committee's (MPC) commitment to keeping interest rates high to combat inflation. This comes after two significant interest rate hikes in 2024, pushing the benchmark lending rate to a record 24.75%.
Nigeria struggles with economic instability, facing inflation, currency issues, and fiscal deficits, as the government seeks ways to navigate the crisis.
Protesters stormed the AGF’s office demanding an investigation into Mele Kyari’s tenure at NNPCL, focusing on alleged corruption and a $2 billion debt.