Tag:MPC

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...

Naira on steady recovery, gains further by 1.8% against dollar

The Naira experienced a further appreciation at the official market, trading at N1,382.95 to a dollar on Tuesday. Data from the official trading platform of...

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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Dangote Refinery Sells ex-depot petrol price at N960, below National Pricing Benchmark

The Dangote Petroleum Refinery and Petrochemicals Company has announced that it is selling Premium Motor Spirit (PMS) to domestic...
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Buy from us to end fuel scarcity, Dangote urges NNPC, marketers

The president of Dangote Group, Aliko Dangote, on Tuesday, urged petroleum marketers, including the Nigerian National Petroleum Company Limited,...

Olam Agri relaunches Supreme Semolina to enrich consumer experience

Olam Agri in Nigeria, an agribusiness in food, feed and fibre, has reaffirmed its commitment to keep unlocking value...

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Dangote Refinery Sells ex-depot petrol price at N960, below National Pricing Benchmark

The Dangote Petroleum Refinery and Petrochemicals Company has announced...

Buy from us to end fuel scarcity, Dangote urges NNPC, marketers

The president of Dangote Group, Aliko Dangote, on Tuesday,...