Economy
BREAKING: CBN raises interest rate to 13.5%
The Central Bank of Nigeria has raised the interest rate to 13.5 per cent..
The CBN Governor, Godwin Emefiele, announced this on Tuesday while addressing the reporters after the Monetary Policy Committee meeting in Abuja.
Justifying the raise, 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.
A Female Passenger Died Inside Delta Air Lines After diverting Lagos flight to Lome after thunderstorm
Parents beat their 18-year-old daughter to death for getting pregnant for her boyfriend
“This is happening” – Video as Regina Daniels sets to marry her childhood crush actor Adinma Somadina (Watch)
Uniport Lecturer Spotted Harassing Female Student In Office; Mgt Reacts (Video)
Prophet Jeremiah donates N10 million to family of late Nollywood sound engineer, after his mum cried out for help
Man Introduces Fiancée to Family Few Minutes Later He Got The Shock Of His Life
19 travellers die and 49 others after multiple road crashes in Kaduna, Ogun
“I Had Been Driving Him For More Than 10 Years, But The Man Never Helped Me With Even N50,000. I Killed Them Out Of Frustration.” – Suspect Confesses
-
News1 day agoMan regains freedom after being held in Edo prison for four years without a case file
-
Celebrity Gossip & Gist2 days ago“Prayer is good, but sometimes the answer to your problems lies in your village, go home and ask questions” – Yul Edochie Lament
-
News1 day ago“How to know if she genuinely likes you” – Joeboy enlightens men
-
Crime1 day agoTwo abducted as gunmen kill Babcock University lecturer in Ogun