The Manufacturers Association of Nigeria has knocked the Central Bank of Nigeria’s decision to increase the Monetary Policy Rate, also known as the interest rate, to 18.5 per cent amid rising…
The Central Bank of Nigeria (CBN) has increased the monetary policy rate (MPR) by 0.50 per cent to 18.50 per cent. This was made known by Godwin Emefiele, the Governor…
The Federal Government on Tuesday disclosed that a N5 billion loan facility has been provided at the Bank of Agriculture (BOA) for livestock farmers across the country. This was made…
Zamfara State Governor Bello Matawalle has alleged that the Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, demanded $2 million bribe from him. The allegation comes on the…
Nigeria’s April inflation figure on Monday increased to 22.22 per cent from 22.04 per cent last month. The National Bureau of Statistics Consumer Price Index report released Monday disclosed this.…
In Afam, Rivers State, the 240MW Afam Three Fast Power plant owned by Transafam Power, a division of Transnational Corporation Plc, was officially opened on Tuesday by Prof. Yemi Osinbajo,…
The Economic and Financial Crimes Commission (EFCC) on Monday arraigned Lagos businesswoman Saadatu Ramalan-Yaro on counts of money laundering. Ramalan-Yaro, the director of April 1616 Investment Limited and Amsamay Limited,…
The Civil Society Legislative Advocacy Centre has faulted the federal government over its $800 million World Bank loan for fuel subsidy Palliatives to Nigerians. In a statement during the weekend…
In order for Nigerian banks to compete favorably with their international counterparts, a Don, Prof. Ailemen Ikpefan, has advised the Central Bank of Nigeria (CBN) to reassess the present N25…