The Kaduna State governor, Nasir El-Rufai has again come hard on the presidency, saying he no longer believes in the leadership of President Muhammadu Buhari. Recall that sequel to the…
News
Kwara traders close shops over misunderstanding on non availability of new naira notes , reject old naira note
Many traders at the weekend closed their doors for business following high rejection of old naira in Kwara state and Nigeria at large. Royal times gathered that there has been…
Business & EconomyNewsupdates
Central Bank of Nigeria raises interest rate, threatens to penalize defaulting Banks
The Central Bank of Nigeria (CBN) yesterday hiked its Monetary Policy Rate (MPR) to 15.5 percent, the highest ever in 20years. The increase came at the end of its Monetary Policy Committee (MPC)…
The Monetary Policy Committee of the Central Bank of Nigeria has raised the benchmark interest rate from fourteen to fifteen point five percent in order to tame the rising inflation…