The Monetary Policy Committee (MCP) of the Central Bank of Nigeria (CBN) on Tuesday concluded its two-day meeting for March 2024. This meeting marks the second MPC meeting for the year 2024 and also the 294th meeting of the CBN. The MPC at the end of today’s meeting elected to hike the MPR by 200 basis points. The Committee voted …

The average price of 5kg of Liquified Natural Gas, LNG, also known as cooking gas, increased by 8.70 per cent to N4,962.87 in December 2023 from N4,565.56 in December 2022. The National Bureau of Statistics, NBS, disclosed this in its latest LPG price watch for December 2023. According to NBS, on a state-by-state analysis, Adamawa, Jigawa, and Ogun states recorded …