Monday, September 15, 2025
Economy
We did not devalue Naira – CBN
The Central Bank of Nigeria (CBN) has stated that it did not devlaue the Naira. The Apex bank on its...
Read moreCBN Devalues Naira to 630/US$1 at the I&E Window – Reports
The Central Bank of Nigeria (CBN) has devalued the Naira at the Importers and Exporters (I&E) window to N631 to...
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Senate sits on Saturday, increases Ways and Means borrowing from 5% to 15%
At an emergency plenary session on Saturday, the Nigerian Senate amended the Central Bank of Nigeria (CBN) Act, to increase...
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BREAKING: CBN raises interest rate to 18.5% amid rising inflation
The Monetary Policy Committe of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures...
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Inflation rate hits 22.22% in April, highest in 14 years
In April 2023, the headline inflation rate rose to 22.22% relative to March 2023 headline inflation rate which was 22.04%,...
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FG re-introduces 5% excise duty on telecom services in new fiscal policy
The Federal Government has reintroduced the 5% excise duty on telecommunications services despite saying last month that it has been...
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Headline Inflation in Nigeria rose to 22.04% in March
In March 2023, the headline inflation rate in Nigeria rose to 22.04% compared to February 2023 headline inflation rate which...
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Nigeria’s total debt rose to N46.25 trillion in 2022, 84.73% of bilateral debt owed to China
Nigeria's total Public Debt Stock as at December 31, 2022, was N46.25 trillion or USD103.11 billion, the Debt management Office...
Read moreCBN raises interest rate for the 6th consecutive time
(Greenwich Merchant Bank): At the end of its 290th meeting, the Monetary Policy Committee (MPC) of the Central Bank Nigeria...
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Russia Economy contracts by 2.1% in 2022, far below western predictions
The Russian economy contracted by just 2.1% in 2022, according to data released on Monday by the country's statistics agency,...
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