Monday, 3rd October 2022
Breaking News:


28 Sep
The Central Bank of Nigeria (CBN) says its Monetary Policy Committee (MPC) decision to increase Monetary Policy Rate (MPR) is to control rising inflation. Hassan Mahmoud, CBN’s director, Monetary Policy Department said this on Wednesday at a post-MPC briefing tagged: “Unveiling Facts behind the Figures’’. The News Agency of Nigeria (NAN) reports that the MPC,…
28 Sep
It was another audacious response from the Monetary Policy Committee (MPC), yesterday, as it increased the benchmarked interest rate by another 150 basis points (bps) in a fell swoop to rein in extreme inflation...
26 Sep
As the Central Bank of Nigeria (CBN) holds its Monetary Policy Committee (MPC) meeting on Monday, some stakeholders project a hike in policy rates.
16 Aug
Nigeria’s inflation rate has defied monetary tightening, hitting 19.64 per cent in July, a level not seen in over one-and-a-half decade.
20 Jul
The Monetary Policy Committee (MPC), yesterday, increased the benchmark interest rate by 100 basis points (bps), from 13 to 14 per cent, confirming its determination to continue with an aggressive
18 Jul
In the face of economic and financial challenges, members of the rate-fixing arm of the Central Bank of Nigeria (CBN), the Monetary Policy Committee (MPC), will face tough choices in the next two days as the sustained inflationary pressure...
17 Jul
The rate-fixing arm of the Central Bank of Nigeria (CBN), the Monetary Policy Committee (MPC), commenced a retreat in Lagos, yesterday, to assess its framework and tools ahead of a crucial meeting held tomorrow
31 May
Market operators have lamented the recent decision of the Monetary Policy Committee (MPC) to raise the interest rate to 13 per cent, saying it will impact the stock market.
23 May
A financial expert, Dr Titus Okunronmu, has advised the Central Bank of Nigeria (CBN) to make concerted efforts to deploy efficient fiscal policies to tackle the inflation rate.
20 May
An economic report by the research team of Cordros Capital Limited expects the Monetary Policy Committee (MPC), which will hold a crucial meeting next week, to be “reactive” to the global trend and raise the policy rate.
17 May
The Monetary Policy Committee (MPC) could bite the bullet next week when it reconvenes and adjusts the policy rate for the first time since September 2020 as resurging inflation concerns
22 Mar
The Monetary Policy Committee (MPC) had a tough time deciding the benchmark lending rate at its marathon meeting, yesterday. But after voting, the monetary policy rate ...


33 mins ago
Ohanaeze Ndigbo, an apex Igbo social-cultural organisation, says the body is against violent agitation in any form because the group believes in the continued corporate existence of the country.
1 hour ago
The top official in French President Emmanuel Macron's office has been charged with a conflict of interest while in office, the chief financial crimes prosecutor said Monday.
1 hour ago
Liverpool manager Jurgen Klopp says even Cristiano Ronaldo and Lionel Messi are not immune from confidence issues as he seeks to find a solution to his side's frustrating inconsistency
2 hours ago
The Nigeria Security and Civil Defense Corps (NSCDC) has arrested two suspects conveying 50, 000 litres of suspected adulterated Automotive Gas Oil (AGO) in Anambra.
2 hours ago
A London conference on Monday told the Nigerian government to upscale its investment in education to pull the West African country out of endemic poverty.