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LCCI Says CBN Rate Cut Could Boost Private Investment and Economic Activity
BusinessEconomyNigeria

LCCI Says CBN Rate Cut Could Boost Private Investment and Economic Activity

The Lagos Chamber of Commerce and Industry (LCCI) has said the Central Bank of Nigeria’s decision to reduce the Monetary Policy Rate (MPR)...

What CBN’s 350-Basis-Point Rate Cut Means for Nigeria’s Economy
EconomyBusinessNigeria

What CBN’s 350-Basis-Point Rate Cut Means for Nigeria’s Economy

The Central Bank of Nigeria’s decision to cut the Monetary Policy Rate from 26.5 per cent to 23 per cent could ease financial...

Manufacturers Warn Rising Credit and Production Costs Could Derail Recovery
BusinessActiveNigeria

Manufacturers Warn Rising Credit and Production Costs Could Derail Recovery

By Benson Daniel Nigeria’s manufacturing sector is facing renewed pressure from high borrowing costs and rising production expenses, with operators warning that the...