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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Netizens Knock VeryDarkMan Over Dangote Shares Claim, Say ₦18,000 Investment Story Incomplete

Social media influencer Martins Vincent Otse, popularly known as VeryDarkMan, has come under criticism after using a 2007 investment...
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Nigeria’s 2027 Poll Map Turns Green as Tinubu Takes 21 States

Obi, Atiku grab eight each as 69,110 response poll reveals a three way political battle Nigeria's political map has emerged...

NAFDAC Uncovers New Fake Goods Network Operating Inside Nigeria

The National Agency for Food and Drug Administration and Control has raised a fresh alarm over the spread of...

Must read

Netizens Knock VeryDarkMan Over Dangote Shares Claim, Say ₦18,000 Investment Story Incomplete

Social media influencer Martins Vincent Otse, popularly known as...

Nigeria’s 2027 Poll Map Turns Green as Tinubu Takes 21 States

Obi, Atiku grab eight each as 69,110 response poll...