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CBN Cuts Interest Rate Before Year-End

CBN Cuts Interest Rate Before Year-End   The Monetary Policy Committee of the Central Bank of Nigeria is expected to cut the Monetary Policy Rate, also known as the benchmark interest rate, before the end of the year. FocusEconomics, in its latest report, FocusEconomics Consensus Forecast Sub-Saharan...

Power Distributors To Pay Interest On N120bn Debt

Power distribution companies are going to start paying interest on the debt they owe the electricity Market Operator since the commencement of the Transitional Electricity Market in January 2015, the Federal Government has declared. It was gathered that the government, through the Nigeria Bulk Electricity...