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Category: Economy

Business Economy headline

CBN further tightens monetary policy, raises interest rate to 27.25 per cent

Iheanyi Ejiofor September 24, 2024 No Comments #CBN#interest rate#Monetary policy#MPR

Our reporter/ The Central Bank of Nigeria has further raised its Monetary Policy Rate(MPR) by 50 basis points to 27.25 per cent from 26.75 per cent. This was revealed by…

Read More CBN further tightens monetary policy, raises interest rate to 27.25 per cent
Business Economy headline

FG set to implement new minimum wage

Iheanyi Ejiofor September 24, 2024 No Comments #FG#implement#Minimum wage#NLC#TUC

Our reporter/ The Federal Government is set to implement the New Minimum Wage with effect from July 29, 2024. It also approved the revision of the Salary structure for lecturers,…

Read More FG set to implement new minimum wage
Business Economy headline

FirstBank sponsors the maiden edition of The Nigerian Fintech festival event in Lagos

Iheanyi Ejiofor September 23, 2024 No Comments #Fintech#Firstbank

The inaugural edition of the Nigerian Fintech Festival, the biggest fintech festival in Nigeria, sponsored by FirstBank, West Africa premier financial institution and fina ncial inclusion services provider is set to take…

Read More FirstBank sponsors the maiden edition of The Nigerian Fintech festival event in Lagos
Business Economy headline

Petrol is N52/litre in Libya – Report

Iheanyi Ejiofor September 23, 2024 No Comments #Libya#Petrol

Libya continues to offer the cheapest petrol in Africa, with the price of octane-95 gasoline (petrol) standing at 0.15 Libyan Dinar per litre, equivalent to approximately $0.032 or N52 as…

Read More Petrol is N52/litre in Libya – Report
Business Economy headline

NOVA Bank appoints new executive directors

Iheanyi Ejiofor September 22, 2024 No Comments #Nova bank

NOVA Bank has announced the appointment of David Isiavwe as Executive Director, Operations and Information Technology, and Chinwe Iloghalu as Executive Director, Institutional and Commercial Banking. These appointments are part…

Read More NOVA Bank appoints new executive directors

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