CBN admits currency supply issues that create exchange rate volatility
Acting CBN Governor Fola Shonubi admitted on Tuesday that supply-demand imbalances are fueling the current volatility in Nigerian exchange rates.…
Category: Economy
Why states, LGs should formulate digital economy policies – LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has said that it has now become expedient for governments at all…
Jollof rice cooker cost in Nigeria rises 13.7% to N12,373
The cost of cooking a pot of jollof rice in Nigeria for a family continues to rise as families witnessed…
CBN’s Hawkish Approach: 50bps rate hike likely when MPC wraps up meeting
In line with our projections of a slower pace of rate hikes in 1H 2023, the MPC raised the MPR…
Elimination of subsidies: Ogun state approves N10,000 relief for workers and retirees
The Ogun government has approved a cash relief of N10,000 for each of its civil servants and retirees, as a…
CBN MPC Meeting: All eyes on Shonunbi as Nigeria awaits interest rate decision
Amid economic uncertainty, all eyes are on Central Bank of Nigeria (CBN) Acting Governor Fola Shonubi as the Monetary Policy…
Central Bank of Ghana takes bold step: raises benchmark interest rate to 30% amid runaway inflation
In a significant move to combat rising inflation, Ghana’s monetary policy committee made a decisive decision, voting to raise the…
Intelligence and integration are some of the opportunities in the Nigerian power sector – Biodun Ogunleye
Strategic leadership and management expert Biodun Ogunleye has said that intelligence gathering and integration are some of the opportunities available…
Increasing access to meters will attract investors to the electricity sector – Biodun Ogunleye
Strategic leadership and management expert Biodun Ogunleye has said that increasing access to meters for electricity consumers will make the…
NNPC Limited remits N123 billion to the Federal Government
The Nigerian National Petroleum Company Limited (NNPCL) has remitted N123 billion to the Federal Government. According reportsthe company began paying…