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monetary policy

Salihu Dangoje Elected New Kebbi Assembly Speaker

KEY POINTS • Salihu Maikasuwa-Dangoje has been elected Speaker of the Kebbi State House of...

Court Orders Sowore to Open Defence in Defamation Trial Over Tinubu Remarks

KEY POINTS • A Federal High Court in Abuja has directed Omoyele Sowore to begin...

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

Salihu Dangoje Elected New Kebbi Assembly Speaker

KEY POINTS • Salihu Maikasuwa-Dangoje has been elected Speaker of the Kebbi State House of...

Court Orders Sowore to Open Defence in Defamation Trial Over Tinubu Remarks

KEY POINTS • A Federal High Court in Abuja has directed Omoyele Sowore to begin...

Reps Session Turns Rowdy Over Minority Leader Endorsement Dispute

KEY POINTS • House of Representatives proceedings became heated after Philip Agbese alleged his signature...

Police Arrest Man Behind Fake AI Voice of Tinubu

KEY POINTS Police have arrested Ifechukwu Dennis, accused of creating and circulating an AI-generated...