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Nigeria central bank hikes policy rate again after inflation uptick
Nigeria's central bank raised its key interest rate for the sixth time this year on Tuesday, citing renewed inflationary and exchange rate pressures in Africa's most populous nation. The decision to raise the Monetary Policy Rate by 25 basis points to 27.
Nigeria Raises Interest Rates Again to Curb Surging Inflation
The Central Bank of Nigeria raised interest rates for the sixth straight time this year, intensifying its quest to curb surging inflation and support the battered naira.
BREAKING: CBN raises Nigeria’s interest rate
The Central Bank of Nigeria’s Monetary Policy Committee has raised the country’s interest rate by 25 basis points to 27.50 percent in November from 27.25 percent in September 2024. The Governor of CBN,
Nigeria's central bank delivers sixth rate hike this year
Nigeria's central bank raised its benchmark lending rate by 25 basis points to 27.50% on Tuesday, citing renewed inflationary pressures in Africa's most populous nation.
CBN reacts as Nigerian banks hike customers' charges
The CBN responded to complaints over arbitrary bank charges by advising clients to check the CBN's bank charges handbook to find out legal fee for each transaction.
legit
24m
Lady Abroad Displays Cartons of Milk, Attachments, Other Items Mum Brought for Her from Nigeria
A lady based overseas has happily showed off the plenty foodstuffs her mum brought for her from Nigeria. The items include ...
1d
on MSN
Nigeria growth picks up in third quarter, fuelled by services
Nigeria's economy grew 3.46% year-on-year in the third quarter of 2024, quicker than in the first two quarters of the year, ...
1d
on MSN
Nigeria turns to natural gas as transport prices soar after petrol subsidies were removed
Nigeria faces its worst cost-of-living crisis in a generation after the government ended costly subsidies that made petrol ...
1d
Resurgent Services Sector Propels Nigeria’s Economic Growth
The sector is expected to receive a further boost from the start of gasoline production at Nigerian billionaire Aliko Dangote ...
Catholic News Agency
10h
Oldest Catholic priest in Nigeria dies at 104
Father Thomas Oleghe, the oldest priest in Nigeria has passed away at the age of 104. Oleghe died in the early hours of Nov.
6d
At Least 50 Boko Haram Insurgents Killed in Nigeria After Ambush Convoy
Babawale Afolabi, a spokesperson for the Nigeria Security and Civil Defence Corps, said late Tuesday that a team of 80 ...
2d
Nigeria’s Miracle Baby Scammers
Africa Eye goes undercover to expose the fertility scammers targeting Nigerian women and fuelling an underground trade in ...
Catholic News Agency
1d
“We are in trouble”: Catholic priests lament another jihadist group making inroads in Nigeria
Two Catholic priests from Nigeria have expressed grave concern about the worsening security situation in the West African ...
businessday
5h
Nigeria to tap $200bn hydrogen economy, says minister
The Nigerian government has began moves to position the country to tap from the global hydrogen economy which is projected to ...
BBC
11d
Why India Prime Minister Narendra Modi dey visit Nigeria
Di Prime Minister if India, Narendra Modi go visit
Nigeria
on November 16 to 17, 2024, as part of im three-nation ...
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