Hot News
CBN raises interest rate to 13%
The Central Bank of Nigeria on Tuesday announced that it has raised the interest rate to 13 per cent.
CBN Governor, Godwin Emefiele, made this known while addressing the reporters after the Monetary Policy Committee meeting in Abuja.
Justifying the move, Emefiele said the MPC is suspicious “there might be an aggressive accretion of inflation”.
To prevent the looming inflation, he said, the MPC had to increase the monetary policy rate by 150 basis points.
More to come…
-
Entertainment23 hours ago
Best-dressed female: I could have made similar mistake, says Femi Branch
-
News24 hours ago
Tinubu honours slain Delta soldiers with MON, OFR awards
-
Entertainment21 hours ago
Osita Iheme ‘Paw Paw’ reacts to his famous memes
-
News9 hours ago
[ICYMI] NNPC denies fuel price adjustment
-
Metro7 hours ago
Police neutralise two notorious bandits in Benue
-
News8 hours ago
X users to get free premium, premium+ subscriptions – Elon Musk
-
News7 hours ago
Two bodies recovered from submerged truck in US bridge collapse
-
Entertainment6 hours ago
Actress Eniola Ajao apologizes over Bobrisky’s best-dressed female saga