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monetary policy

Ezeagu Residents Demand Probe Into ₦7.35bn Council Allocations

KEY POINTS Ezeagu received ₦7.35bn in FAAC allocations in 2024 and 2025, residents say. ...

Eha-Amufu Communities Remain Deserted Four Years After Deadly Attacks

KEY POINTS Four years after the attacks, several Eha-Amufu farm settlements remain largely deserted. ...

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

Ezeagu Residents Demand Probe Into ₦7.35bn Council Allocations

KEY POINTS Ezeagu received ₦7.35bn in FAAC allocations in 2024 and 2025, residents say. ...

Eha-Amufu Communities Remain Deserted Four Years After Deadly Attacks

KEY POINTS Four years after the attacks, several Eha-Amufu farm settlements remain largely deserted. ...

Lagos Police Deny Tear-Gassing Pensioners, Call Viral Photo AI-Generated

KEY POINTS Lagos Police say about 500 pensioners protested peacefully over unpaid pensions and...

Kwara Hunters Repel Bandit Attack, Kill One

KEY POINTS Hunters and vigilantes repelled four suspected bandits who attacked Olokin community in...