Nigeria’s central bank will delay its next interest rate-setting meeting after a political row following nominations for its Monetary Policy Committee, the governor said on Thursday. Governor Godwin Emefiele told CNBC the meeting scheduled for March 19-20 would be delayed by about seven to 10 days or at the latest until the first week of […]
The Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, said that there is the possibility of a new price regime for Premium Motor Spirit, PMS, also known as petrol on April 1, noting that the new N125 per litre pump price will last till the end of March 2020. Addressing newsmen in Abuja, Executive Secretary, PPPRA, […]
Milost Global Inc. ended talks to provide $1 billion to Nigeria’s Unity Bank Plc, saying it received threats that it will be run out of the country if the deal continues. The New York-based private-equity firm had agreed to provide debt and equity on the understanding that Unity would delist in Nigeria to have its […]