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CBN cuts benchmark interest rate to 27%

…introduces 75% CRR on TSA Public Sector Deposits …grows Foreign Reserve to $43b, targets more accruals by year’s end …vows to target single-digit inflation despite election spending The Central Bank of Nigeria (CBN) on Tuesday reduced the Monetary Policy Rate (MPR) by 50 basis points to 27 percent, marking the first cut in two years.

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Barcelona send letter to ex-Arsenal and United star after surprise transfer

Alexis Sanchez received a personal message from Barcelona following his summer transfer to Sevilla. The Chilean international completed his return to LaLiga earlier in the month after spending over… ⚽️⚽️⚽️ 😍 USE the BET9JA Promotion Code YOHAIG for a ₦100,000 Bonus!

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Tinubu directs BOA to pay NAGS-AP arrears

President Bola Ahmed Tinubu has directed the Bank of Agriculture (BOA) to settle outstanding arrears owed to agro-dealers and input suppliers under the auspices of the National Agricultural Growth Scheme and Agro-Pocket (NAGS-AP). The directive to pay the money followed the release of ₦30 billion by the African Development Bank (AfDB). This was contained in

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Don’t Try To Own Structures That Belong To Me – Gov Eno Warns New Chairman

The governor of Akwa Ibom State, Umo Eno, has warned the new chairman of the Akwa Ibom State Traditional Rulers Council, HRM Sylvester Saviour Udofia, to remain apolitical. Eno gave the charge during Udofia’s swearing-in ceremony. He wanted him to avoid contesting political structures with his administration. Eno administered the oath of office on Udofia, the

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