The CBN Has Cut Its Rate. What Changes Now?
Nigeria’s monetary policy has entered a different phase. At its September 21–22 meeting, the Central Bank of Nigeria reset the Monetary Policy Rate (MPR) from 26.5 per cent to 23 per cent, while also recalibrating its standing facilities corridor.
Wealth Is Not Just What You Own. It Is How Everything Fits Together
A person can own investments, property, savings and other assets and still have a financial structure that works against their long-term objectives. They may have too much money tied up in one asset, insufficient liquidity for important obligations, investments that do not match their time horizon, or financial commitments that have grown faster than their wealth.
Fuel Prices Are Rising Again. Is Your Business Ready for the Next Cost Shock?
Petrol prices have risen above ₦1,400 per litre in parts of the country, following an increase in the gantry price from ₦1,265 to ₦1,350 per litre by the Dangote Petroleum Refinery amid renewed pressure in international crude markets.