Tag: Analysts

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MPC expected to lower interest rates on Tuesday

Analysts are anticipating a potential shift in the Central Bank’s hawkish stance on the benchmark interest rate as the Monetary Policy Committee convenes for a two-day meeting today. Some financial analysts believe that, with inflation trending downward for two consecutive months, members of the MPC may be encouraged to consider marginal reductions in lending rates, […]

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Nigeria not ready to halt fuel importation – Experts

Some experts in the oil and gas sector have said Nigeria was not ready to halt the importation of refined petroleum products, urging the Nigerian Midstream and Downstream Petroleum Regulatory Authority to to bow to pressure, according to The Punch. The experts made these claims in response to claims made by the chief executive of […]