MPC: Experts Fear Another Hike in Interest Rates With the hawkish stance taken by the majority of the Monetary Policy Committee members at the last meeting, expectations are high that another interest rate hike will be announced after the upcoming MPC meeting. Last month, the MPC...

MPC: Experts Fear Another Hike in Interest Rates With the hawkish stance taken by the majority of the Monetary Policy Committee members at the last meeting, expectations are high that another interest rate hike will be announced after the upcoming MPC meeting. Last month, the MPC...

N30tn Ways and Means: Senate to Summons Cardoso Over Infractions The Senate Ad-hoc Committee probing how the N30tn Ways and Means loans were obtained from the Central Bank of Nigeria and spent by the former President Muhammadu Buhari-led administration says it has uncovered some infractions...

No fewer than 17 out of the existing 24 Deposit Money Banks may be unable to meet the Central Bank of Nigeria’s capital requirement if it is increased from its current N25bn, according to a report by Ernst and Young. The new report, titled “Navigating...

Food Security: Agric Ministry Gets N100bn from CBN  The Central Bank of Nigeria, CBN,  has allocated N100bn and 2.15 million bags of fertilisers to the Ministry of Agriculture, to cushion the effects of high prices of food in the country. Governor of the apex bank, Olayemi...

Food Security: Agric Ministry Gets N100bn from CBN  The Central Bank of Nigeria, CBN,  has allocated N100bn and 2.15 million bags of fertilisers to the Ministry of Agriculture, to cushion the effects of high prices of food in the country. Governor of the apex bank, Olayemi...