NDDC unveils governance framework, master plan for Niger Delta development

NDDC unveils governance framework, master plan for Niger Delta development

Samuel Ogbuku, NDDC managing director said the new governance framework was designed to address weaknesses in the commission’s administration and establish clear rules governing its operations, responsibilities, procedures and institutional accountability.

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MPR cut is positive for markets, analysts say

CBN Headquarters in Abuja

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.

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