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Economy
CBN Raises MPR To 17.5pct From 16.5pct
Abuja - Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, from 16.5...
Governors Set Up Committee To Work with CBN On New Naira Notes
By Emmanuel Oloniruha The Nigeria Governors’ Forum (NGF) has set up a six- member committee to engage the Central Bank...
Emefiele Visits Buhari Amid DSS Arrest Scare
President Muhammadu Buhari on Friday held holding a closed-door meeting with the embattled Central Bank Governor, Godwin Emefiele, at the...
Inflation Rate Declines, Food Prices Increase In December 2022 – NBS
Abuja - The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate declined to 21.34 per cent on a...
135 Indian Companies Invest $19bln In Nigeria’s Economy – Envoy
By Fortune Abang/Sarafina Christopher Abuja - The Indian High Commissioner to Nigeria, Shri G. Balasubramanian, says over 135 Indian companies...
Policy Uncertainty, Inflation To Slow Down Nigeria’s Economic Growth In 2023 — World Bank
The World Bank says Nigeria and other countries in Sub-Saharan Africa (SSA) will suffer increased poverty, higher debt, food insecurity,...
Customs Hike Imported Vehicle Duty, Agents Protest
Lagos -;Freight forwarders have said there may be congestion of imported vehicles at the nation’s seaports following the Nigeria Customs...
We Have Enouygh N1,000, N500, N200 New Notes To Circulate Nationwide – CBN
The Central Bank of Nigeria, (CBN) says it has enough new N1,000, N500 and N200 notes to go around ahead...
24 Days To The Expiration Of Old N1,000, N500, N200 Notes, CBN Begins Countdown
By Samson Akintaro The Central Bank of Nigeria (CBN) has launched a countdown to the January 31 deadline when the...
Nigeria’s Debt To Hit N77trn – DMO
Nigeria’s debt is expected to hit N77 trillion in the coming year, according to the Debt Management Office (DMO). The...
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