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    Ondo NLC writes Aiyedatiwa, demands N256,950 minimum wage

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    Gunmen kidnap Nasarawa governor’s aide Muhammad Osolafia

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    CBN raises interest rate to 26.25%

    Vincent OsuwoBy Vincent OsuwoMay 21, 2024No Comments1 Min Read
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    CBN directs banks to geo-tag payment terminals within 60 days to avoid transaction failure
    Central Bank of Nigeria (CBN)
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    The Monetary Policy Committee of the Central Bank of Nigeria (CBN) raised the benchmark interest rate to 26.25 percent. 

    This was reported by the Governor of the Central Bank of Nigeria, who also serves as Chairman of the MPC, after the 295th MPC meeting in Abuja.

    At the March meeting, the benchmark rate was raised by 200 basis points from 22.75 percent to 24.75 percent.

    The MPC has maintained a hawkish approach since resuming meetings this year to address Nigeria’s chronic inflation.

    As of April, Nigeria’s inflation rate was 33.69 percent. Several economists predict a rate hike, but others think that the CBN may contemplate a hold posture as inflation growth slows month after month.

    Details later…

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    Ondo NLC writes Aiyedatiwa, demands N256,950 minimum wage

    Ondo NLC writes Aiyedatiwa, demands N256,950 minimum wage

    Gunmen kidnap Nasarawa governor's aide Muhammad Osolafia

    Gunmen kidnap Nasarawa governor’s aide Muhammad Osolafia

    Police arrest two suspects over attack on Lil Kesh

    Police arrest two suspects over attack on Lil Kesh

    CJN to swear-in 57 new SANs Sept 29

    CJN to swear-in 57 new SANs

    'Nigeria owes you, Tinubu celebrates wife 'Oluremi Mi' at 65

    ‘Nigeria owes you, Tinubu celebrates wife ‘Oluremi Mi’ at 65

    SERAP, Amnesty urge Tinubu to drop charges against Sowore, X and Facebook

    SERAP, Amnesty Int’l urge Tinubu to drop charges against Sowore, X and Facebook

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    Ondo NLC writes Aiyedatiwa, demands N256,950 minimum wage

    Ondo NLC writes Aiyedatiwa, demands N256,950 minimum wage

    September 21, 2025
    Gunmen kidnap Nasarawa governor's aide Muhammad Osolafia

    Gunmen kidnap Nasarawa governor’s aide Muhammad Osolafia

    September 21, 2025
    Police arrest two suspects over attack on Lil Kesh

    Police arrest two suspects over attack on Lil Kesh

    September 21, 2025
    The 2025 Ballon d'Or ceremony will take place on Monday at the Théâtre du Châtelet in Paris, with Ronaldinho expected to present the award.

    Ronaldinho presents 2025 Ballon d’Or award to winner

    September 21, 2025
    CJN to swear-in 57 new SANs Sept 29

    CJN to swear-in 57 new SANs

    September 21, 2025
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