by Favour Owonibi | May 26, 2025 | Business/Finance, Economics, NEWS
The Federal Government has inaugurated the new Board of Directors of the Asset Management Corporation of Nigeria (AMCON), The Finance Minister and Coordinating Minister of the Economy, Mr Wale Edun, inaugurated the Board in his office in Abuja during the weekend ...
by Favour Owonibi | May 21, 2025 | Business/Finance, Economics, NEWS
The Central Bank of Nigeria (CBN) has retained all monetary policy parameters, including the benchmark interest rate at 27.5%, This developmeny came following the Monetary Policy Committee (MPC) meeting held on 19th to 20th of May CBN Governor Olayemi Cardoso...
by Favour Owonibi | May 21, 2025 | Business/Finance, Economics, NEWS
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has declared the Nigerian economy stable, citing improved investor confidence over the past 18 months. Cardoso made the remarks on Tuesday during a press briefing following the 300th Monetary Policy...
by Samuel | Apr 18, 2025 | Economics, NEWS
The Federal Government has taken a bold step to reduce Nigeria’s dependence on food imports by inaugurating an Interministerial Committee on Research and Innovation. Vice President Kashim Shettima, who launched the committee at the State House in Abuja, tasked members...
by Peace Araga | Apr 4, 2025 | Business/Finance, Economics, Local, NEWS
The Central Bank of Nigeria (CBN) has dismissed claims that it is introducing N5,000 and N10,000 banknotes, labeling a circulating document on the matter as “fake.” In a statement shared on its official X (formerly Twitter) handle, the CBN refuted the...
by Oni Kayode Philips | Mar 18, 2025 | Agriculture, Economics, Local, NEWS
Nigeria’s headline inflation rate has dropped to 23.18% in comparison with the January 2025 headline inflation rate of 24.48%. This development is contained in the consumer price index (CPI) report issued by the Nigeria Bureau of Statistics (NBS) on Monday. According...
