MPC

Business

Nigeria Tops $52 Billion in Foreign Reserves as Oil Revenues, Capital Inflows Strengthen Economy

Segun Adeyemi, THEWILL -
• Nigeria's external reserves have exceeded $52 billion, reaching their highest level in more than 17 years and surpassing the Central Bank of Nigeria's 2026 target. • Analysts attribute the milestone to higher crude oil revenues, stronger export performance and...
Business

CPPE Urges CBN To Hold Rates Steady As MPC Meeting Nears

Ogochukwu Onwaeze, THEWILL -
May 18, (THEWILL) — The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to refrain from further interest rate hikes, warning that additional monetary tightening could slow economic recovery and deepen...
Business

CBN MPC Member Warns Election Spending Could Threaten Nigeria’s Inflation Gains

Ogochukwu Onwaeze, THEWILL -
May 13, (THEWILL) — A member of the Central Bank of Nigeria’s Monetary Policy Committee (MPC), Professor Murtala Sabo Sagagi, has warned that uncontrolled fiscal spending, especially during politically sensitive periods, could undermine the country’s ongoing fight against inflation. Sagagi...
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FeaturesSegun Adeyemi, THEWILL -

Inside FG’s Ecological Intervention for Kano Farmers

Faruku Musa Haruna and other farmers in Kumfada used to pool their money to buy plastic sheets, trapping enough water to irrigate small patches of land. They wanted to keep farming after the rains, but their ambitions depended on how much water they could save.
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