BREAKING: CBN RAISES MPR BY 400 BASIS POINT TO 22.75%
The Central Bank of Nigeria has raised the monetary policy rate (MPR) by 400 basis points to a record 22.75%.
The apex bank also increased the Cash Reserve Ratio to 45%
This is a breaking news story more to follow….
More Stories
DEATH TOLL IN KWARA BUILDING COLLAPSE RISES TO FIVE
By 'Sefiu Ajape The death toll from the building collapse in Ilorin, Kwara State, has risen to five, with the...
ISRAEL VOWS TO RESPOND WITH ‘GREAT FORCE’ IF IRAN ATTACKS
Agency report Israel’s Defence Minister, Israel Katz, said on Wednesday that Israel was prepared to respond “with great force” if...
68-YR-OLD BRITISH WOMAN ACCUSES NIGERIAN HUSBAND OF MARRYING HER FOR UK VISA, SEEKS DIVORCE
By 'Sefiu Ajape A 68-year-old British woman, Dawn Ottewell, has said she is struggling to locate her 31-year-old Nigerian husband,...
DG LAGOS SPORTS COMMISSION MEETS MOTHER IN VIRAL VIDEO OVER DAUGHTER’S ORDEAL
By 'Sefiu Ajape The Director-General of the Lagos State Sports Commission (LSSC), Lekan Fatodu, has intervened in the case of...
US MINT RELEASES $1 COINS FEATURING TRUMP TO MARK 250TH ANNIVERSARY
By 'Sefiu Ajape The United States Mint has released 250,000 $1 coins featuring the likeness of President Donald Trump to...
PFIPC PROBE: REPS UNCOVER 58 BANK ACCOUNTS, 12 ENTITIES LINKED TO DISPUTED DG
By 'Sefiu Ajape The House of Representatives Ad Hoc Committee investigating the purported Presidential Foreign Intervention Promotion Council (PFIPC) has...
