Here are the seven top business stories you need to track this week — September 23 to September 27.CBN TO HOLD MPC MEETING
The monetary policy committee of the Central Bank of Nigeria will meet to decide on key lending rates on September 23 and 24.
In a statement on September 20, the apex bank said the guideline was issued before December 31, 2023, adding that its stance on the suspension has not been revised.President Bola Tinubu says Nigeria’s daily petrol consumption reduced to about 30 million litres after subsidy removal. Novostal M and Proforce Manufacturing Limited — described as members of Tyazhpromexport’s consortium — were also involved in the MoU.on trains from a retrofitting process that involves converting locomotive engines to using a combination of diesel and liquefied natural gas .
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
World Bank to approve $1.5bn loan to Nigeria by September 26The federal government is expected to receive a new loan from the World Bank, totalling $1.5 billion.
Read more »
With $16.5bn debt, Nigeria now third largest debtor to World Bank's IDANigeria is the third-largest debtor to the World Bank’s International Development Association (IDA) as of June 30.
Read more »
Over 300 world leaders to attend global AI summit in Saudi Arabia September 10Nigeria's independent online newspaper
Read more »
Over 300 world leaders to attend AI summit in Saudi Arabia September 10Nigeria's independent online newspaper
Read more »
US Federal Reserve announces 0.5% interest rate cut as Nigeria awaits CBN MPC decisionThe United States Federal Reserve has finally announced a significant 0.5 percent cut to its interest rates, marking the start of what many analysts anticipate will be a sustained phase of monetary easing. This more aggressive reduction in borrowing costs follows rising concerns about the state of the U.S. job market.
Read more »
Pause interest rate hike – Financial experts tell CBN ahead of MPC meetingFinancial experts and analysts have told the Central Bank of Nigeria Monetary Policy Committee to pause interest rate hikes ahead of its Monday to Tuesday 297th meeting.
Read more »