Tag:Monetary Policy Committee

CBN’s aggressive monetary policy tightening will boost foreign investment, strengthen Naira – expert

A renowned Economist, Prof. Ken Ife, says aggressive monetary policy tightening adopted by the Central Bank of Nigeria (CBN) will attract foreign portfolio investments...

Naira gains 6% at official market

The Naira appreciated against the dollar by 5.97 per cent at the official market by the close of Wednesday’s trading session, according to data...

CBN clears $1.5bn outstanding forex transactions

The Central Bank of Nigeria (CBN) says all valid foreign exchange backlogs have now been settled. This is according to a statement by CBN’s Acting...

MPR: Obaseki blasts CBN, warns of tougher times ahead

The Edo State Governor, Mr. Godwin Obaseki, has predicted tougher economic times for the country due to bad economic policies by the Federal Government,...

CBN raises baseline lending rate to 18.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 18.5 per cent from...

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Tinubu hails Dangote for crashing price of diesel

President Bola Tinubu has commended the enterprising feat of Dangote Oil and Gas Limited in reducing the gantry price...
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Court upholds Ganduje’s suspension as APC chairman

A Kano State High Court has affirmed the suspension of the national chairman of the All Progressives Congress (APC),...

Instagram celeb, Cubana Chief Priest pleads not guilty, gets N10m bail

Popular Instagram celebrity Pascal Okechukwu also known as Cubana Chief Priest has pleaded not guilty for alleged naira abuse. He...

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Tinubu hails Dangote for crashing price of diesel

President Bola Tinubu has commended the enterprising feat of...

Court upholds Ganduje’s suspension as APC chairman

A Kano State High Court has affirmed the suspension...