MPC
1 Apr
As the hawkish tone of the Monetary Policy Committee (MPC) continues to worsen risk sentiments in the local bourse, the scramble for government debt instruments is currently pushing yield to unprecedented heights across segments.
29 Mar
What changed in the production and marketing chain to warrant such a quantum jump in price within 48 hours? Did money supply change within such a short time to justify that level of inflation? This is an abracadabra that is clearly beyond market force.
11 Mar
Often described as the optimist general of Africa, the President of the African Development Bank (AfDB), Dr Akinwumi Adesina, holds a strong view on the prospect of the continent breaking into the global frontier to drive the next phase of growth.
5 Mar
Governor Godwin Obaseki of Edo State has predicted tougher economic times for the country, faulting the decision by the Central Bank of Nigeria (CBN) to increase interest rate to 22.75 per cent.
25 Feb
The Central Bank of Nigeria (CBN), has scheduled its first Monetary Policy Committee (MPC) meeting with Yemi Cardoso as Governor for Monday and Tuesday.
15 Feb
President Bola Tinubu has requested the Senate to confirm Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, as Chairman of the Monetary Policy Committee (MPC).
25 Nov
Commercial banks in the country may be required to increase their capitalisation in coming months.
21 Nov
For the second time in a row, the Central Bank of Nigeria (CBN) has missed the rate-fixing Monetary Policy Committee (MPC) meeting, leaving room for speculations on Olayemi Cardoso’s strategic policy direction, approach to inflation control and even the current composition of the arm.
26 Jul 2023
The Central Bank of Nigeria (CBN), yesterday, took a route to combating inflation as it tinkered with the asymmetry corridor, increasing banks’ incentives to unpack their idle funds.
25 May 2023
Yesterday was a tough day for the economy with the National Bureau of Statistics (NBS) confirming slower growth, while the Monetary Policy Committee (MPC), raises the benchmark interest rate by another 0.5 point, suggesting that growth is not yet its priority.
Latest
23 mins ago
Ondo State Governor, Lucky Aiyedatiwa, has appealed to the 15 aspirants who contested for the gubernatorial ticket of All Progressives Congress (APC) in the primary elections held last Saturday to sheathe their swords.
24 mins ago
Development experts have expressed dismay over the slow pace of progress on the Sustainable Development Goals (SGDs), noting that it is insufficient to achieve the 2030 targets.
27 mins ago
Lagos State Government, yesterday, said that about 856,680 traffic infractions were captured by the state’s automatic number plate recognition cameras.
28 mins ago
Following the success of its 'Back to School project' at St. Michael's African School, Ipari-Nla, Ogun State, in February, the Angel Foundation has completed another transformative project at the school, which was commissioned on Monday.
41 mins ago
The Lagos State Public Service Joint Negotiating Council (Trade Union) has strongly condemned the recent layoff of over 370 workers from the Lagos State Water Corporation (LSWC).
1 hour ago
Minister of Agriculture and Food Security, Abubakar Kyari, yesterday, urged researchers and institutes in the agricultural sector to align their research with President Bola Tinubu’s Renewed Hope Agenda on food security to have enough food to feed Nigerians.
1 hour ago
Nigeria may face worse power outages given rising attacks on transmission infrastructure, a development the Transmission Company of Nigeria (TCN) blamed for grid collapse.
1 hour ago
Nigeria Copyright Commission (NCC) has dedicated this year’s edition of World Book and Copyright Day to Nobel Laureate, Prof Wole Soyinka, for his dedication to the promotion of reading culture and the protection of copyright.
1 hour ago
Report released yesterday by an international child rights group, Save the Children, indicated that about 15.6 million children in Nigeria faced hunger as the lean season starts in June.