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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Nigeria’s Amanda Amaeshi named UK Changemaker 2024

Miss Amanda Amaeshi, an award-winning activist and campaigner, has been named My Life My Say’s ‘Changemaker of the Year’...
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Tinubu presents 2025 budget, says inflation will drop from 34.6% to 15% next year

President Bola Tinubu on Wednesday, presented a total budget of N49.7tn to the joint session of the National Assembly. The...

Nyesom Wike: Changing the narrative in FCT

By Rachel Usman The Federal Capital Territory (FCT) is home to many exemplary individuals who embody the nation’s potential for...

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Nigeria’s Amanda Amaeshi named UK Changemaker 2024

Miss Amanda Amaeshi, an award-winning activist and campaigner, has...

Tinubu presents 2025 budget, says inflation will drop from 34.6% to 15% next year

President Bola Tinubu on Wednesday, presented a total budget...