Wednesday, 8th February 2023
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Kelvin Emmanuel

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.
2 Dec
As queues for fuel continue to grow in most parts of the country, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) insists there are no plans by the Federal Government to increase the price of Premium Motor Spirit (PMS).
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.
19 Sep
Tackling the challenges confronting Nigeria’s economy requires seamless coordination of monetary and fiscal authorities, experts have said.
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

33 mins ago
To boost the capacity of relevant stakeholders working to protect migrants in vulnerable situations, the federal ministry of Women’s Affairs and the United Nations, (UN), and the International Organization of Migration, (IOM), have agreed to work together to fashion sustainable solutions to the issue.
36 mins ago
The Presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has called on the Independent National Electoral Commission (INEC) to remove the Resident Electoral Commissioner (REC) in Lagos, Olusegun Agbaje, for alleged partisanship and compromise.
36 mins ago
Lagos State Governor, Mr Babajide Sanwo-Olu, on Wednesday announced a 50 per cent slash in the transport fare of all Lagos state government-run vehicles.
39 mins ago
The Economic and Financial Crimes Commission (EFCC) has arraigned Rashida, wife of Yahaya Bello, governor of Kogi and a relative for alleged fraud. Rashida was arraigned before a federal high court in Abuja alongside one Ali Bello, identified as a nephew to the Kogi governor. EFCC spokesman Wilson Uwujaren in a statement said the duo…
44 mins ago
The Nigerian Immigration Service (NIS) says it is on high alert and will identify, arrest and prevent foreigners from participating in the forthcoming 2023 elections..