Home > 2025

CBN reduces interest rate to 27%, eyes $1bn monthly inflows

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN),  yesterday, reduced the Monetary Policy Rate (MPR) by 50 basis points to 27 per cent, in a cautious shift that reflects sustained disinflation and improving macroeconomic conditions.Furthermore, the committee, while welcoming the progress in the ongoing recapitalisation exercise,

Read More

Remi Tinubu raises over N20 billion birthday request for national library

Nigeria’s First Lady, Senator Oluremi Tinubu, has so far raised N20,456,188,924.93 for her proposed National Library fund.The First Lady, who marked her 65th birthday recently, asked her well-wishers to donate to the fund.She said the money would go towards completing the National Library headquarters in Abuja.On Monday, she announced the

Read More