Analysts say MPR reduction will increase money, credit in circulation
Lagos, May 29, 2020 (NAN) Some financial analysts on Friday said the unexpected reduction of the Monetary Policy Rate (MPR) from 13.5 to 12.5 per
Author : Lydia Ngwakwe
Air Peace evacuates 301 Chinese from Nigeria
Air Peace has evacuated 301 Chinese from the Murtala Muhammed International Airport (MMIA), Lagos to Guangzhou Baiyun International Airport, China’s most populous, commercial city. Mr
5 vessels laden with fuel, wheat await anchorage at Delta ports – NPA
The Nigerian Ports Authority (NPA) says five vessels laden with fuel and Wheat are awaiting anchorage at the Delta Ports. The NPA made this known
First aircraft lands at new Yobe Int’l cargo airport
Two aeroplanes, on Friday landed at the new International Cargo Airport in Damaturu, Yobe State, in a test run ahead of the official opening of
NSE: Market capitalisation closes upbeat, rises N53bn
The key performance indicators of the Nigerian Stock Exchange (NSE) closed the last trading day of May with 0.40 per cent growth. Specifically, the market
MPR reduction: Experts predict increased activities in capital market
Financial experts on Friday said reduction of the Monetary Policy Rate (MPR) to 12.5 per cent from 13.5 per cent would likely drive more funds
ICPC recovers over N81bn assets in one year
The Independent Corrupt Practices and Other Offences Commission (ICPC) has recovered assets worth N81.23 billion In the last one year. The Minister of Information and
Volkswagen to invest €2bn in Chinese electric vehicle market
German carmaker Volkswagen on Friday said that it had agreed to invest more than 2 billion euros (2.2 billion dollars) in two Chinese electric car
MPR reduction: NECA commends CBN
The Nigeria Employers’ Consultative Association (NECA) has commended the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) for reducing the Monetary Policy
IPMAN, MOMAN laud Buhari’s performance in petroleum sector
The Independent Oil Marketers Association of Nigeria (IPMAN) and the Major Oil Marketers Association of Nigeria (MOMAN) on Friday lauded the performance of the Muhammadu
