Tag: Interest rate

The Central Bank of Nigeria’s financing of the federal government’s budget deficit and record high credit to the economy have limited the effectiveness of...

Nigeria’s central bank raises interest rate on price pressure

Economy

Plu Team - March 21, 2023

The Central Bank of Nigeria raised its benchmark lending rate by 50 basis points to 18% on Tuesday, extending a tightening policy that began last...

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Olawale Afolabi - April 15, 2025

More calls for Africa climate action

Climate April 14, 2025 0

Environmentalists, development experts, policymakers, state and non-state actors have...

Deadly midnight raid kills 40 in Plateau village

Security April 14, 2025 0

At least 40 residents were killed in the early...

No Nigerian airport makes global top 100; another African nation scores big

Infrastructure April 11, 2025 0

No Nigerian airport made it to the list of...

Nigeria health sector on edge as over 16,000 doctors quit

Health April 9, 2025 0

Nigeria is facing a deepening health emergency as more...