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CBN Holds Interest Rate Steady at 27.50% Amid Inflation Concerns and Economic Recovery Efforts

ABUJA, Nigeria — The Central Bank of Nigeria (CBN) has once again held its benchmark inte...

May 20, 2025
CBN Stresses Commitment to Protecting Financial Interests of Nigerians

The Central Bank of Nigeria (CBN) has assured the public, depositors, and stakeholders that the Nige...

May 20, 2025
Australia's Central Bank Cuts Interest Rate to 3.85% Amid Global Tariff Uncertainty

On Tuesday, Australia’s central bank reduced its main interest rate to its lowest level in two...

May 20, 2025
CBN’s Net Loans Drop from N16.122 Trillion to N11.977 Trillion
May 19, 2025

The Central Bank of Nigeria recorded a significant decline of N4.145 trillion in net loans and recei...

DAPPMAN Seek Collaboration with Dangote Refinery as NNPC Fails to Deliver
May 19, 2025

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has announced that its m...

SERAP Urges NNPCL CEO to Explain N500Bn Revenue Shortfall
May 18, 2025

The Socio-Economic Rights and Accountability Project (SERAP) has requested that the Group Chief Exec...

Rice Prices Set to Drop: BUA's  Calls Out Hoarders over Market Distortion
May 16, 2025

The Chairman of BUA Group, Abdul Samad Rabiu, has issued strong warnings to hoarders, indicating tha...

US Economic Growth to Decelerate Amid Trade Tensions, Policy Uncertainties
May 16, 2025

The United Nations Department of Economic and Social Affairs (UN DESA) has indicated that the global...

Trade Tensions Rise as South Korea and U.S. Prepare for Key Discussions
May 16, 2025

AFP - South Korea is prepared to restart tariff discussions with Washington during an important APEC...

Sanwo-Olu Establishes Apapa Central Business Office to Enhance Infrastructure, Business Climate
May 15, 2025

Lagos State Governor, Babajide Sanwo-Olu, has sanctioned the creation of the Apapa Central Business...

NBS Reports April 2025 Inflation Rate Falls to 23.71%, Highlighting Food Safety Risks
May 15, 2025

The inflation rate for April 2025 dropped to 23.71 percent, down from 24.23 percent in March 2025, m...

Nasarawa Assembly Enacts Mining Bill to Ensure Compliance and Community Welfare
May 14, 2025

NASARAWA, Nigeria - The Nasarawa House of Assembly On Tuesday approved a mining bill aimed at regula...

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