HomeTagsMonetary policy

monetary policy

Nigeria’s North-East recorded nearly 2,000 IED explosions in seven years, new report reveals

Nearly 2,000 explosive device incidents hit Nigeria's North-East over seven years, with road-planted IEDs accounting for the largest share of attacks throughout the period.

Dino Melaye says INEC has become a department of APC, demands chairman’s exit

Dino Melaye accused Nigeria's electoral commission of operating as an arm of the ruling APC, calling for the chairman's removal over alleged bias.

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

Nigeria’s North-East recorded nearly 2,000 IED explosions in seven years, new report reveals

Nearly 2,000 explosive device incidents hit Nigeria's North-East over seven years, with road-planted IEDs accounting for the largest share of attacks throughout the period.

Dino Melaye says INEC has become a department of APC, demands chairman’s exit

Dino Melaye accused Nigeria's electoral commission of operating as an arm of the ruling APC, calling for the chairman's removal over alleged bias.

David Mark leads mass protest at INEC as ADC demands chairman’s resignation over democracy fears

David Mark led opposition figures to INEC's Abuja headquarters Wednesday, demanding the electoral commission chairman's resignation over alleged interference in party affairs

Gunmen kill at least 20 in Niger State, attack miners in Plateau as Kebbi communities burn

Gunmen riding motorbikes swept into Bagna and Erena villages before dawn Tuesday, killing at least 20 people and sending residents fleeing to nearby towns.