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MPC meeting/decision

20 May 2024
The question of whether to raise or hold the monetary policy rate (MPR) confronts the Monetary Policy Committee, the rate-fixing arm of the Central Bank of Nigeria (CBN), as its members converge on Abuja in the next two days for its crucial 295th meeting.

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The Lagos State Government has said it is committed to strengthening the state’s reputation as Africa’s entertainment capital by building on the remarkable success of ‘Detty December’, which drew over 1.2 million fun-seekers from Nigeria and the diaspora in 2024. This was disclosed by the Commissioner for Tourism, Arts, and Culture, Mrs. Toke Benson-Awoyinka, when…
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The Nasarawa State House of Assembly Committee on Environment has urged the Igwo community of the state to remain peaceful sequel to the mining land ownership tussle in the area. Mr Mohammed Omadefu, Chairman of the Committee, made the call when he led his members on a fact-finding mission to Baoan Global Mining Ltd, in…
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An Arabic teacher, Oladosu Sakiru, has been sentenced to 21 years imprisonment for defiling a 13-year-old pupil. Sakiru was convicted and sentenced by Justice Rahman Oshodi, of the Ikeja Sexual Offences and Domestic Violence Court on Tuesday, January 14, 2025. According to a statement by the Lagos Domestic and Sexual Violence Agency (LDSVA), Sakiru's name…
13 mins ago
Two-time Australian Open champion Naomi Osaka retired with an injury during her third-round match against Belinda Bencic on Friday in Melbourne.
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Premier League leaders Liverpool must end their recent wobble to keep the chasing pack at bay this weekend.
35 mins ago
The Chief of Defence Staff (CDS), Gen. Christopher Musa, on Thursday inaugurated an emergency and trauma centre and a fleet of vehicles at the Nigerian Defence Academy (NDA), Kaduna. The CDS also inaugurated the Department of Security and Defence Studies, basic officers training wing, Department of Psychology and NDA Primary School Children’s Park , Sports…
40 mins ago
Atletico Madrid lead Spain's two giants by a whisker heading into the second half of the La Liga season, after racking up 15 victories on the spin across all competitions.
49 mins ago
The Minister, Industry, Trade and Investment, Dr Jumoke Oduwole, says implementation of African Continental Free Trade Area (AfCFTA) has opened up new areas for trade opportunities. Oduwole said this while receiving the Secretary-General of AfCFTA, Mr Wamkele Mene, who was on a courtesy visit to his office in Abuja on Thursday. She said that the…
50 mins ago
Impeached South Korean President Yoon Suk Yeol on Friday again refused investigators' efforts to question him over his failed martial law bid, as the deadline on his detention neared.
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Brazilian striker Neymar said Thursday that former Paris Saint-Germain teammate Kylian Mbappe became "jealous" of his relationship with Lionel Messi when the Argentine superstar joined the club in 2021.