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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BREAKING: IPOB leader, Simon Ekpa detained

The Päijät-Häme District Court in Finland has ordered the remand of self-proclaimed leader of the Indigenous People of Biafra,...
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Gospel actor, Moses Are “Baba Gbenro” is dead

Gospel movie producer and actor, Moses Korede Are, popularly known as Baba Gbenro of Abattoir is reportedly dead. Baba Gbenro’s...

Oil Cabals working against Dangote Refinery – Pastor Adeboye

The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has urged Nigerians to pray...

Must read

BREAKING: IPOB leader, Simon Ekpa detained

The Päijät-Häme District Court in Finland has ordered the...

Gospel actor, Moses Are “Baba Gbenro” is dead

Gospel movie producer and actor, Moses Korede Are, popularly...