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As the 10th Senate resumes from its annual recess Tuesday, there are high expectations that the lawmakers would expeditiously confirm Olayemi Cardoso, the acting Central Bank of Nigeria (CBN) governor and other nominated deputy governors to enable them to begin…
The Central Bank of Nigeria has opened up on why it raised the Monetary Policy Rate, also known as the interest rate, to 18.5 per cent from 18 per cent. In a communique from the 291st Monetary Policy Committee meeting…
The Central Bank of Nigeria’s Monetary Policy Committee MPC has further increased the interest rate by 18.5 per cent to 20.5 per cent from 18 per cent in March. Godwin Emefiele, the Governor of Central Nigeria, disclosed this on Wednesday…
