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UPDATE: Why we Increased Interest Rate to 18 Percent – CBN

UPDATE: Why we Increased Interest Rate to 18 Percent - CBN The Central Bank of Nigeria (CBN) on Tuesday increased Monetary Policy Rate (MPR) which measures interest rate by 50 basis points to 18 percent to rein in inflationary pressure. This is one of the decisions...

BREAKING: CBN Increases Interest Rate to 18 Percent, Says Nigerian Banks Healthy 

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 17.5 percent adopted in January. This...

BREAKING: CBN Increases Interest Rate to 18 Percent, Says Nigeria Banks Healthy

BREAKING: CBN Increases Interest Rate to 18 Percent, Says Nigeria 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 17.5 percent adopted in January.   This...

Araba Tech Boss Receives ‘PAN African Technology Icon Of the Year’ Award

Araba Tech Boss Receives 'PAN African Technology Icon Of the Year' Award The Managing Director of Araba Technologies, Ambassador Segun H. Olugbile, has been awarded the 'Pan African Technology Icon of the Year' award by the Youth Partnership For Africa's Development, YOUPAD. The award is part...

AITCR: Ginger, Shea Butter Will Contribute to Nigeria Revenue – Report

AITCR: Ginger, Shea Butter Will Contribute to Nigeria Revenue - Report The African International Trade & Commerce new report has identified Nigerian-grown ginger and shea butter as potential Geographical Indications (GIs) products, which could immensely contribute towards realising the federal government’s diversification objectives. The report titled,...

Mobile Sector Contributes $5.2 trillion to Global Economy – GSMA

Mobile Sector Contributes $5.2 trillion to Global Economy - GSMA The Global System for Mobile telecommunications Association (GSMA) in ‘The Mobile Economy Report’ released on Monday, said the mobile sector also made a substantial contribution to the funding of the public sector, with around $530...