BREAKING: CBN Increases Interest Rate to 18 Percent, Says Nigerian Banks Healthy    The Monetary policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased Monetary Policy Rate (MPR) which measures interest rate to 18 percent from the previous...

Nigeria’s Population is a lot less than 220 million, by Tope Fasua   I remember that day in 2011 when world population was said to have hit 7 billion. I was passing the lobby of the Transcorp Hilton Hotel and the...

LP Candidate for Lagos Assembly not Injured During Election, PRNigeria Fact-Check Reveals   The Labour Party candidate for the Surulere Constituency in the Lagos House of Assembly, Olumide Oworu, did not sustain any injury during last Saturday's election, PRNigeria investigation has...

Market Offences: NGX Fines 16 Firms N779m In Three Years   The Nigerian Exchange Limited has sanctioned 16 companies for various market infractions in three years. Specifically, the NGX imposed the sum of N779.5m fine on LASACO Assurance Plc, Presco Plc, Ardova...

CBN: Rate In View As MPC Meets Today   The Monetary Policy Committee (MPC) is due to begin its two-day meeting on the economy on Monday (today) amid the economic crisis fuelled by the naira redesign policy and fuel scarcity. Analysts in...

Equities Market Losses N476bn In A Week   The market capitalisation of the Nigerian Exchange Limited dropped below N30tn last week, weeks after it crossed the mark, leading to a loss of N476bn for investors. This bearish trend started on Monday with...