Christine Lagarde
11 Apr
The European Central Bank is expected to freeze its key interest rate at a record high again Thursday but pave the way for a first cut in June as inflation eases.
21 Mar
Business activity in the eurozone stabilised in March thanks largely to a "modest recovery" in the service sector, a closely watched survey showed Thursday.
29 Feb
Inflation in Germany, France and Spain eased further in February, data showed Thursday, a development likely to be welcomed by the European Central Bank as it weighs when to begin cutting interest rates.
25 Jan
The European Central Bank is expected to stand pat Thursday and call for patience in the ongoing battle against inflation, pushing back against market hopes of rapid interest rate cuts.
17 Jan
The European Central Bank could start cutting interest rates this summer, President Christine Lagarde said Wednesday, while stressing that any such move would depend on the latest economic data.
27 Jul 2023
The European Central Bank on Thursday raised borrowing costs a quarter percentage point, taking a key rate to its highest level since early 2001 as its battle against surging inflation reached the one-year mark.
28 Jun 2023
The EU will take the next crucial step on Wednesday towards launching a digital version of the euro, a controversial project that has come under attack from the public, politicians and banks before it even exists. From China to the United States, Jamaica to Japan, dozens of central banks worldwide are exploring or have already…
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9 mins ago
Nollywood actress, Kate Henshaw, has called for an improved immunisation and more Primary Healthcare Centres (PHCs) in Bauchi State for children welfare in the state. The UNICEF Ambassador made the call in Bauchi on Tuesday while briefing newsmen on her field trip with the United Nations Children's Fund (UNICEF) Bauchi Field Office to observe immunisation…
19 mins ago
The Federal Government has set up a seven-man committee to investigate the alleged bullying incidents at Lead British International School, Abuja. This was after the government convened an emergency meeting with management of the school following a disturbing video footage of some students bullying others emerged on the social media earlier on Tuesday. "The committee's…
34 mins ago
The pan-Igbo socio-cultural organisation, Ohanaeze Ndigbo, has urged former governor of Anambra State, Peter Obi, to support the 700km Lagos-Calabar coastal road project being executed by the Federal Government. Obi, who was the presidential candidate of the Labour Party (LP) in the 2023 elections, had on Monday said the construction of the Lagos-Calabar coastal highway…
45 mins ago
....as secondary market turnover in FMDQ hits ₦48.9tr Total value of transactions executed by domestic investors outperformed foreign investors patronage by circa 64 per cent as at March 2024. According to the latest Domestic and Foreign Portfolio Investment Report of the Nigerian Exchange Limited (NGX), total domestic transactions accounted for about 89 per cent…
55 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 successfully completed another transformative project at the school, which was commissioned on Monday. It renovated and modernised the school's toilet facilities, enhanced hygiene standards for students and teachers alike, as well as…
59 mins ago
Former Central Bank of Nigeria's governor Godwin Emefiele approved the printing of N684.5 million naira with N18.9 billion, the Economic and Financial Crime Commission (EFCC) has said. EFCC made the claim in a new four-count charge filed against Emefiele at the High Court of the Federal Capital Territory. The anti-graft agency's prosecutor Rotimi Oyedepo (SAN)…
1 hour ago
The Managing Director of the Niger Delta Development Commission (NDDC), Dr Samuel Ogbuku, has promised that the commission will now meet on a quarterly basis with stakeholders of the commission to enhance the formulation and sustenance of the Commission's overall strategies for the development of the region. Ogbuku made the promise during an interactive forum…
2 hours ago
The Kogi State House of Assembly, during plenary on Tuesday, has asked the Economic and Financial Crimes Commission (EFCC) to remove the ‘wanted’ tag that it placed on Yahaya Bello, the immediate past governor of the state. EFCC declared Bello alongside Ali Bello, Dauda Suleiman and Abdulsalam Hudu on 19-count charges bordering on money laundering…
2 hours ago
Two Premier League footballers have been arrested over rape allegations. The alleged rape incident is said to have taken place on Friday night. According to UK publication, The Sun, Cops stormed the club’s stadium this weekend and one of the players, aged 19, was spoken to on suspicion of assault and aiding and abetting a…
3 hours ago
The University of Nigeria Nsukka (UNN) on Tuesday suspended Mfonobong David Udoudom, a lecturer in the General Studies division, who was caught in a video allegedly harassing a female student. The university said that the indefinite suspension is with immediate effect pending the outcome of a disciplinary panel constituted to investigate the incident. UNN spokesperson,…