MPC: Retain interest rates - Experts tell CBN
Ahead of this week's Monetary Policy Committee meeting, financial experts have urged the Central Bank of Nigeria to retain a 24.75 per cent interest rate.
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Ahead of this week's Monetary Policy Committee meeting, financial experts have urged the Central Bank of Nigeria to retain a 24.75 per cent interest rate.
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President Bola Ahmed Tinubu, yesterday, kick-started the long, tortuous journey towards pulling the economy from the woods, declaring that the days of fuel subsidy are gone and hinting at the need for a “thorough house cleaning” in the monetary policy.
Prof Ken Ife, a development economist, says the federal government must invest in modular refineries to stabilize Nigeria's economy. Ife disclosed this on
• While Ghana has freighted first cargo • Pending issues will be concluded before end of Q1, says Nigeria’s rep While some top African economies have already freighted their first cargoes under the African Continental Free Trade Area (AfCFTA), Nigeria continues to await the release of the list of liberalised goods by the National Action Committee, one month after implementation commenced. On January 4, Ghana organised an event to commemorate its first export under the framework, setting a tall order for other countries. Ghana is reportedly one of three countries, including Egypt and Sou...