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Nigeria’s Central Bank raises MPR: A bold move in turbulent economic time
By Muhammad Baba Bello, PhD
In a bold and somewhat surprising move, the Central Bank of Nigeria's Monetary Policy Committee (MPC) has decided to raise the Monetary Policy Rate (MPR) by a substantial 400 basis points to 22.75%.
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Group faults composition of Tinubu’s economic advisory committee
The Resource Centre for Human Rights and Civic Education (CHRICED), has condemned the formation of the newly established Tripartite Economic Advisory Committee by President Bola Ahmed Tinubu.
The group in a statement signed by its!-->!-->!-->…
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Declare your forex sources – CBN tells BDC selling above $10,000
The Central Bank of Nigeria (CBN) has mandated foreign exchange sellers to Bureau De Change (BDC) of the equivalent of 10,000 dollars and above to declare their forex sources.
Haruna Mustapha, Director, Financial Policy and Regulation!-->!-->!-->…
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CITAD reshuffles board, international advisory committee
The Centre for Information Technology and Development (CITAD), a non-governmental and non-profit organization that is committed to the use of information and communication technologies for development and promotion of good governance, has!-->…
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CBN, NSA move to punish foreign exchange market speculators
The Office of the National Security Adviser (ONSA) and the Central Bank of Nigeria (CBN) are joining forces to safeguard Nigeria's foreign exchange market and combat speculative activities impacting the nation's economic stability.
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How we plan to reduce cement price – FG
The Federal Government says it will give more attention to fixing roads and seek some remedies on the cost of gas and import duties to bring down the astronomical price of cement nationwide.
This is part of the communiqué that was!-->!-->!-->…
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‘You’re a liar’ – Presidency tackles Atiku over claims on FX management
The presidency has cautioned former Vice President Atiku Abubakar against negative assumptions about the economy in the face of the various positive reforms instituted by the administration.
Bayo Onanuga, Special Adviser to the!-->!-->!-->…
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FOR THE RECORD: What Tinubu said at the 37th Assembly of Heads of State and Government of the…
PRESIDENT TINUBU TO AU LEADERS: NIGERIA READY TO HOST AFRICAN CENTRAL BANK; PREPARE THE YOUTH FOR 21ST CENTURY ECONOMY
President Bola Tinubu says Nigeria is ready to host the African Central Bank in line with the vision of the Abuja!-->!-->!-->…
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Inflation: Niger Govt. urges women to remain calm amid economic hardship
The Niger State Government has urged women to remain calm and patient amid the economic hardship in Nigeria.
Hajiya Hauwa Bako, Special Adviser to Governor Umaru Bago on Social Investment Programme while making the appeal at a!-->!-->!-->…
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$6.2m fraud: FG wants Interpol to investigate three Nigerians for ‘forging Buhari’s signature’
The federal government has called on the international criminal police organisation (Interpol) to place three suspects on its watchlist over an alleged fraud of $6,230,000.
The special investigator appointed by President Bola Tinubu to!-->!-->!-->…
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