MPC Raises Interest Rate to 18.5%
CEM REPORT, ECONOMY | The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised its benchmark interest rate by 15 basis points to 18.5 per cent…
CEM REPORT, ECONOMY | The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised its benchmark interest rate by 15 basis points to 18.5 per cent…
CEM REPORT, ICT | Data Breaches in Nigeria increased by 61 per cent in Q1’23, an increase from 50,000 recorded in Q4’22 to 82,000 cases between January and March this…
CEM REPORT, AUTOMIBILE | China has become the world’s largest car exporter as of the first quarter of the year (Q1’23) with 1.07 million vehicles exported within the period. China…
CEM REPORT, FINANCE | Stanbic IBTC Holdings Plc has launched its wholly-owned financial technology subsidiary – Stanbic IBTC Financial Services Limited. The fintech service will operate as a payment solutions…
CEM REPORT, MARKET | Capital market professionals have lauded the Nigerian Exchange Limited’s (NGX) decision to punish companies that failed to submit their financial accounts for the full year ending…
CEM REPORT, ENVIRONMENT | Global temperatures are likely to surge to record levels in the next five years, fuelled by heat-trapping greenhouse gases and a naturally occurring El Niño weather…
CEM REPORT, FINANCE | Experts have said that the best way to achieve financial inclusion in Nigeria is to drastically reduce the cost of data. They claim that Nigeria has…
CEM REPORT, FINANCE | The Murtala Muhammed Airport (MMA) Command of the Nigeria Customs Service (NCS) generated a total sum of ₦21.4 billion in revenue in the first quarter of…
CEM REPORT, MARITIME | The sum of $4,713,841,477 has been approved for the development of new port projects in Delta, Ondo, and Lagos States by the Federal Executive Council (FEC).…
Registration Portal to gulp ₦5.3 billion The Federal Executive Council (FEC) approved the development of an Electronic Civil Registration and Vital Statistics System (eCRVS). The platform will be responsible for…