HomeTagsMonetary policy

monetary policy

News

State police amendment clears 24 state assemblies, sending it toward Tinubu for assent

Twenty four of 36 state assemblies have approved the state police amendment, meeting the two thirds requirement and sending it to Tinubu for assent.
News

Police arrest seven suspected kidnappers and recover body of Abuja victim abducted in August

Police have arrested seven suspected kidnappers in Abuja and Kaduna and recovered the body of Oluwadamilola Adedayo, abducted in Kuje in August, from the gang’s forest camp.
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

State police amendment clears 24 state assemblies, sending it toward Tinubu for assent

Twenty four of 36 state assemblies have approved the state police amendment, meeting the two thirds requirement and sending it to Tinubu for assent.
News

Police arrest seven suspected kidnappers and recover body of Abuja victim abducted in August

Police have arrested seven suspected kidnappers in Abuja and Kaduna and recovered the body of Oluwadamilola Adedayo, abducted in Kuje in August, from the gang’s forest camp.
News

Access, UBA, Fidelity H1 Results Stuck as CBN Steps Up Scrutiny of Banks’ Asset-Quality

The publication of audited Half-Year (H1) 2026 financial statements for top Tier-1 and Tier-2...
News

Nigeria Arrests 2 Suspects in Global Cybercrime Sweep Tied to $2.4 Million Fraud

Nigerian authorities arrested two cybercrime suspects in an INTERPOL-coordinated operation, one linked to an investment scam that moved more than $2.4 million, the agency said.