HomeTagsMonetary policy

monetary policy

Atiku says Tinubu ‘cannot govern’ as killings, abductions surge nationwide

Atiku Abubakar condemned President Tinubu over the Ogbomoso school abductions and Katsina killings, declaring that the administration "cannot govern" Nigeria.

Obi emerges sole NDC presidential aspirant for 2027 race

Peter Obi emerged as the sole NDC presidential aspirant after the party closed the sale of its 2027 nomination forms with no other buyer.

Nigeria’s Central Bank Doubles Down on Inflation Fight

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%.

Supreme Court Extends Validity of Old and New Naira Notes

Nigeria's Supreme Court has ruled in favor of the indefinite legal tender status of both old and new naira notes, impacting the nation's economy.

JP Morgan Forecasts Naira to Reach N850/$ by Year-End: What It Means for Nigeria

JP Morgan, a renowned global financial services company, has made a prediction that the...

Nigeria Faces Naira Pressure, IMF Offers Loan Option

Nigeria’s currency, the naira, is under pressure and the country could seek a loan...

Latest articles

Atiku says Tinubu ‘cannot govern’ as killings, abductions surge nationwide

Atiku Abubakar condemned President Tinubu over the Ogbomoso school abductions and Katsina killings, declaring that the administration "cannot govern" Nigeria.

Obi emerges sole NDC presidential aspirant for 2027 race

Peter Obi emerged as the sole NDC presidential aspirant after the party closed the sale of its 2027 nomination forms with no other buyer.

Police arrest 6 over phone tip-offs in Oyo school abduction

Oyo police arrested six suspects who allegedly informed bandits via phone calls during the Ahoro-Esiele school abduction that killed three people.

AfDB approves $200m BoI facility to boost Nigeria’s industrial sector

AfDB approved a $200 million facility for Nigeria's Bank of Industry to boost SMEs, manufacturing and green industrialization, with women-led and youth businesses prioritized.