The CBN Governor Godwin Emefiele has promised to brief lawmakers soon.
It is expected that 160,000 passengers will commute daily on the system.
The hike was less than in November when it lifted borrowing costs by 0.75 percentage points.
It said it's regrettable that dsspite an economy largely dependent on oil, some Nigerians would choose to collude with foreign…
The apex bank has limited maximum cash withdrawal limit for individuals to N100,000 and corporate bodies to N500,000 per week.
We allege that Sam Bankman-Fried built a house of cards on a foundation of deception
Hundreds of potential buyers throng EFCC offices.
DSS threat won’t guarantee availability of products nationwide, petrol retailers say.
Microsoft will acquire a holding worth £1.5 billion ($1.8 billion) at current prices
He reiterated that the apex bank will continue FX sales to banks.