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Mr Onakoya, however, said existing contractual agreements could delay the transmission of the lower policy rate to borrowers.

The post MPR Cut: Why cheaper loans may not come soon – Experts appeared first on Premium Times Nigeria.

In a surprise move on Tuesday, the CBN, at the end of its rate-setting meeting, pared down the benchmark rate to 23 per cent from 26.5 per cent, a push Olayemi Cardoso, the bank’s governor, called “an operational reset” to improve the effectiveness of monetary policy and aid the shift to an inflation-targeting framework.

The post MPR cut is positive for markets, analysts say appeared first on Premium Times Nigeria.

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The President described the investment as a major step towards unlocking Nigeria’s long-dormant gas resources for industrialisation, job creation and economic growth.

The post Tinubu hails $800m Ima Gas FID as Nigeria unlocks 50-year-old gas resource appeared first on Premium Times Nigeria.

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The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has approved petrol import permits covering about 830,000 metric tonnes for multiple oil marketers ahead of the fourth quarter of 2026, PREMIUM TIMES has learnt.

The post NMDPRA approves 830,000-tonne petrol imports amid Dangote legal battle appeared first on Premium Times Nigeria.

Madagascar midfielder Rayan Raveloson says the Barea are not intimidated by the Super Eagles ahead of their 2027 AFCON qualifier in Uyo on Friday.

Read More: https://punchng.com/madagascar-not-afraid-of-star-studded-nigeria/

23 Super Eagles players have begun training in Uyo for their 2027 Africa Cup of Nations qualifying opener against Madagascar on Friday.

Read More: https://punchng.com/full-house-as-eagles-begin-training-for-madagascar-clash/