HomeTagsMonetary policy

monetary policy

News

Air Peace Flight Returns to Lagos Over Poor Visibility at Asaba Airport

KEY POINTS Air Peace flight P47860 returned to Lagos after poor visibility around the...
News

Adelabu Withdraws From Oyo APC Governorship Race, Demands Reconciliation

KEY POINTS Adebayo Adelabu has withdrawn his challenge to the APC governorship nomination in...
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

Air Peace Flight Returns to Lagos Over Poor Visibility at Asaba Airport

KEY POINTS Air Peace flight P47860 returned to Lagos after poor visibility around the...
News

Adelabu Withdraws From Oyo APC Governorship Race, Demands Reconciliation

KEY POINTS Adebayo Adelabu has withdrawn his challenge to the APC governorship nomination in...
News

Kidnappers Collect ₦7.8bn in One Year, Study Finds

KEY POINTS 7,825 Nigerians were kidnapped in one year, a 66% increase from the...
News

Gunmen Abduct Kogi Principal, NECO Official, Students During Exam

KEY POINTS Gunmen abducted a Kogi school principal, NECO official and students during an...