
The Central Bank of Nigeria (CBN) has reduced the country’s benchmark interest rate from 26.5 per cent to 23 per cent, following the conclusion of the Monetary Policy Committee’s (MPC) 307th meeting in Abuja on Tuesday. CBN Governor, Olayemi Cardoso, announced the decision, which represents a 3.5 percentage-point reduction in the Monetary Policy Rate (MPR),
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Florence Ajimobi, Nigeria’s Ambassador to Austria, has been appointed the country’s governor on the International Atomic Energy Agency (IAEA) Board of Governors for the 2026-2028 term. Her appointment follows Nigeria’s election to the board during the agency’s 70th regular session of the General Conference in Vienna, Austria. The appointment places Ajimobi in Nigeria’s representation on
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