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monetary policy

Tinubu Unveils Ultra-Modern NRS Headquarters

KEY POINTS President Tinubu commissioned the new Nigeria Revenue Service headquarters in Abuja, marking...

Fayose Holds Private Talks with Olubadan

KEY POINTS Fayose held a private meeting with the Olubadan amid rising political tension...

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...

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Tinubu Unveils Ultra-Modern NRS Headquarters

KEY POINTS President Tinubu commissioned the new Nigeria Revenue Service headquarters in Abuja, marking...

Fayose Holds Private Talks with Olubadan

KEY POINTS Fayose held a private meeting with the Olubadan amid rising political tension...

Akpabio Defends INEC Chairman Amupitan Over ‘Victory Is Sure’ Tweet Controversy

KEY POINTS Akpabio defended INEC chairman Joash Amupitan, dismissing claims of partisan bias over...

ADC Crisis Deepens as Mark-Led Faction Expels Bala

KEY POINTS The David Mark-led ADC faction expelled Nafiu Bala, Leke Abejide, and others...