Tuesday, 31st January 2023
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25 Jan
The Central Bank of Nigeria (CBN), yesterday, raised the Monetary Policy Rate (MPR), which measures interest rate from 16.5 per cent to 17.5 percent to tame inflation, even as economists disagree with the move, citing unaddressed inflation drivers. The CBN Governor, Godwin Emefiele, announced this after the apex bank’s Monetary Policy Committee (MPC) meeting in…
16 Jan
With the Federal Government exhausting its debt window, the only option available for the next administration is to find pathways for sustainable budget funding, experts have said.
16 Nov
As expected, Nigeria’s inflation rate accelerated to a new 17-year high of 21.09 per cent in October, 0.32 per cent points increase from 20.77 per cent recorded in September, raising concerns for Nigerians already battling with weak household incomes and import pass-through costs.
24 Oct
The operators of the fiscal and monetary policies must devise novel ways of addressing the economic challenges confronting Nigeria will face more credit rating reviews from international bodies.
24 Aug
The Nigerian government must urgently adopt a floating exchange rate model that can converge all six different rates in the market to tackle the lack of forex liquidity in the system.

Latest

1 day ago
The constant gaffes of All Progressives Congress Presidential candidate, Bola Tinubu, which started as a comic relief is slowly becoming a tragedy, an embarrassment to Nigeria, Africa’s largest nation. Since Tinubu declared his intention to contest, he has made over 20 gaffes publicly. These gaffes, which have provided online skit makers with comic content, are…
1 day ago
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the excuse of security threats pushed by Gov. Abdullahi Ganduje of Kano State has no bearing on the ongoing currency swap across the country.
1 day ago
President Muhammadu Buhari has said that no single government can solve the mirage of problems confronting Nigeria, noting that it will take the combined efforts of successive governments to achieve.
1 day ago
The Nigeria Data Protection Bureau (NDPB) has commenced investigation into allegations of data breach by Guarantee Trust and Zenith Banks.
1 day ago
Kwara State Governor AbdulRahman AbdulRazaq at the weekend met with a rich crop of Kwara Professionals resident in Lagos, debriefing them on the journey since 2019, the measurable strides of his administration across different sectors, and his vision for the state when re-elected in the 2023 ballot. The briefing was a continuation of the Governor’s…