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With a few weeks to the next meeting of the Monetary Policy Committee (MPC), the last for the year, governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said there is a high possibility that a downward review of interest rates will be considered in view of declining inflation trend in the economy.
National Assembly demands Ibrahim Magu’s removal as condition for resolving outstanding appointments
Lawmakers at the national assembly have again demanded the removal of Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu.
Fighting between armed groups around the town of Batangafo in northern Central African Republic have left at least two dead and 10 wounded, aid workers said Monday.
Vice President Yemi Osinbajo has debunked allegations that the Central Bank of Nigeria (CBN), was not following due process in the printing of money to support government programmes.
An economic expert, Uche Uwaleke, has expressed support for the continued decision by the Central Bank of Nigeria to retain the country’s Monetary Policy Rate (MPR).
The Central Bank of Nigeria (CBN) has continued to sustain liquidity in the foreign exchange (forex) market as it intervened once more yesterday with $308.5m.
The president of the Association of Bureaux De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, on Wednesday defended the CBN’s retention of the benchmark interest rate and other monetary policy parameters.
A financial expert, Prof. Sheriffdeen Tella, has urged the Federal Government to fast-track the growth of the manufacturing sector through the provision of infrastructure and the provision of credit.
Despite huge investment of over N1.7b in the last four years by Jigawa State government towards the provision of water supply to both Dutse vicinity and beyond, the metropolitan city capital is faced with acute shortage of water supply for years.
The Chief Medical Director (CMD), Federal Teaching Hospital, Ado-Ekiti (FETHI), Prof. Kunle Ajayi, said the management has set machinery in motion to kick-start full automation of the hospital’s processes.
The recent deposition of Emir Lamido Sanusi II has thrown up many issues both locally within the Kano metropolis and nationally and surely will be a topic for discussion for some time to come.
President Muhammadu Buhari was presidential in his address to the nation on coronavirus (COVID-19) on Sunday. He got off his accustomed armchair; stood up and spoke to Nigerians like an unfeigned commander-in-chief. I could see the sense of urgency in his cadence and grimace.
The defence headquarters said the troops of Operation Hadarin Daji deployed in Zamfara has continued to close in on the bandits in the state.
Coronavirus cases in Nigeria have jumped to 46 on Wednesday morning as two new cases were confirmed.
A German army shipment of six million face masks needed to protect against the novel coronavirus has vanished in Kenya, the defence ministry in Berlin confirmed Tuesday.
Italy has also become the first western developed nation to idle most of its industry to halt the spread of the coronavirus, a potential cautionary tale for other governments, such as the Trump administration, that are resisting such drastic measures.
Governor Aminu Waziri Tambuwal of Sokoto State has directed the closure of all inter-state routes as part of precautionary measures to curtail the outbreak of Covid-19 in the state.
The governor of Bayelsa State, Senator Douye Diri, has taken the rapid diagnostic test for the coronavirus 2019 and came out negative two weeks after rumours went viral that he may have contracted the virus while attending the National Economic Council meeting in Abuja.