HomeTagsMonetary policy

monetary policy

News

Gunmen Kidnap 14 UTME Candidates in Benue Bus Ambush

KEY POINTS Gunmen Ambush Bus Carrying UTME Candidates Driver Arrested for Violating Travel Policy ...
News

Police Foil Planned Bomb Attack in Akure

KEY POINTS Police foiled a planned bomb attack in Akure, arresting six suspects before...
News

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%.
Business

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.
Business

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...
News

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

News

Gunmen Kidnap 14 UTME Candidates in Benue Bus Ambush

KEY POINTS Gunmen Ambush Bus Carrying UTME Candidates Driver Arrested for Violating Travel Policy ...
News

Police Foil Planned Bomb Attack in Akure

KEY POINTS Police foiled a planned bomb attack in Akure, arresting six suspects before...
News

Ogun Moves to Prosecute Truck Driver in Fatal Crash Involving Associates of Anthony Joshua

  KEY POINTS Ogun State will prosecute both the truck driver and SUV driver over...
News

Court Orders Arrest of Ex-Minister Sadiya Umar Farouq Over Alleged N1.3bn Fraud

KEY POINTS A court in Abuja issued an arrest warrant for former minister Sadiya...