Rather than stem inflationary pressures and encourage FX inflows, I believe the hike may lead to inadvertent volatility in the market
Kwara State Leads as North-Central Zone Tops in Retail Gas Prices
Court Order Notwithstanding, NLC Set to Commence Nationwide Strike on August 2, 2023
Brent Crude Stalls Near $82.72 as Traders Await US Fed's Interest Rate Clue
Navigating the Aftermath of Subsidy Removal: Kwara State Governor Sheds Light on Tough Decisions
President Putin affirms Russia's commitment to Africa's development and self-determination, promising continued support and humanitarian aid, including record grain supplies amidst global challenges.
National Healthcare Teeters on the Brink as Nigerian Resident Doctors Forge Ahead with Indefinite Strike, Unyielding in their Pursuit of Critical Reforms and Fair Compensation
The Central Bank of Nigeria (CBN) has issued a directive to banks to lift the post-no-debit restrictions on the bank accounts of 440 individuals and companies....
Foreign Investments in Nigerian Exchange Limited Reach N145.08 Billion in H1 2023 Despite Inflation and FX Scarcity
The Central Bank of Nigeria‘s Monetary Policy Committee (MPC) has hiked interest rate by 25 basis points from 18.5% to 18.75% on Tuesday. The announcement was...