CBN reschedules MPC meeting
18 September 2019 |
3:40 am
The Central Bank of Nigeria (CBN) has rescheduled its Monetary Policy Committee (MPC) meetings for September 19 and 20. It was earlier billed for September 23 and 24.
The Central Bank of Nigeria (CBN) has rescheduled its Monetary Policy Committee (MPC) meetings for September 19 and 20. It was earlier billed for September 23 and 24.
The bi-monthly gatherings were scheduled to run four days earlier amid high expectations of rate cuts, as the National Bureau of Statistics just put the yearly inflation to four-year low of 11.02 per cent.
While no reason was advanced for the development in the statement issued yesterday by the Director of Corporate Communications Department of the apex bank, Isaac Okorafor, a source, however, hinted that it was due to a “clash” of national assignments for CBN Governor Godwin Emefiele.
Related
3 hours ago
Gov. Nasir Idris of Kebbi has released N309.5 million for the payment of foreign scholarships to 86 indigenes studying in India and Egypt. The Commissioner for Higher Education, Alhaji Isah Abubakar-Tunga, made this known at a news conference in Birnin Kebbi on Tuesday. The commissioner said “Gov. Nasir Idris has made payment of foreign scholarship…
4 hours ago
Dangote Oil and Petroleum Refinery has once again slashed the prices of diesel and aviation fuel. Dangote on Tuesday announced a further reduction in the prices of both diesel and aviation fuel to N940 and N980 per litre respectively. This latest round of reductions is coming about two weeks after the company slashed the price…
4 hours ago
A Federal High Court, Abuja, on Tuesday, fixed May 10 for ruling on an application by former Governor of Kogi, Alhaji Yahaya Bello, seeking an order of setting aside the April 17 arrest warrant issued against him. Justice Emeka Nwite fixed the date after counsel for the Economic and Financial Crimes Commission (EFCC), Kemi Pinheiro,…
5 hours ago
The Nigerian government has said that every Nigerian borrower who goes for made-in-Nigeria product would get better terms on their credit facility. This was revealed by President Bola Tinubu's spokesperson Ajuri Ngelale during in an interview on TVC. "The president has put in a stipulation that we are going to be giving through the Consumer…
5 hours ago
The Federal High Court in Abuja has rejected the request made by a former governor of Kogi State, Yahaya Bello, that his order of arrest should be discharged. The court rejected the request on Tuesday after Bello who was absent at his arraignment said he is ready to make an appearance but he is afraid…
5 hours ago
Former Governor of Kogi, Alhaji Yahaya Bello, on Tuesday, prayed a Federal High Court, Abuja to vacate the arrest warrant order issued to the Economic and Financial Crimes Commission (EFCC) against him on April 17. Bello, through his lawyer Adeola Adedipe, SAN, made the application following an order by Justice Emeka Nwite, directing the EFCC…
5 hours ago
The management of Eko Electricity Distribution Company (EKEDC) on Tuesday apologised to its customers in some parts of Lagos and Ogun states over the recent power disruption. Mr Babatunde Lasaki, General Manager, Corporate Communications, EKEDC, made the appeal in a statement in Lagos. Lasaki said the problem was caused by a fault on Badagry Express…
5 hours ago
Dangote Petroleum Refinery has announced another significant reduction in the prices of diesel and aviation fuel to ₦940 and ₦980 per litre, respectively. This follows an earlier reduction to ₦1,000 per litre. The new pricing is designed to help mitigate the effects of economic hardship in Nigeria and comes just a week after the company,…
6 hours ago
The management of the National Youth Service Corps (NYSC) in Adamawa, has commended Gov. Ahmadu Fintiri for introducing a N10,000 monthly allowance to corps members serving in the state. Malam Mohammed Lawal, the State NYSC Coordinator, gave the commendation during the opening ceremony of the 2024 batch A, stream 2, orientation course in Girei on…
9 hours ago
A Federal High Court in Abuja has dismissed a suit seeking the disqualification of Gov. Douye Diri of Bayelsa and his deputy, Lawrence Ewhrudjakpo. Justice Emeka Nwite, in a judgement, held that the suit lacked merit as the plaintiff had failed to prove the allegations of certificate forgery levelled against Ewhrudjakpo beyond reasonable doubt. Justice…
×
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.
0 Comments
We will review and take appropriate action.