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By Obas Esiedesa, Abuja The Transmission Company of Nigeria (TCN) has launched a new anti-corruption framework aimed at tackling corruption, unethical practices and strengthening transparency and accountability across the company. The framework, unveiled on Tuesday at the TCN headquarters in Abuja, comprises four policies covering anti-bribery and corruption, anti-money laundering and fraud, conflict of interest […]
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By Matthew Johnson The Enhancing Financial Inclusion and Advancement (EFInA) has released its ninth Access to Financial Services in Nigeria (A2F) Survey, showing that 79% of Nigerian adults use a financial product or service. Formal inclusion reached 73%, exceeding the 70% target under the National Financial Inclusion Strategy. EFInA’s Board Chair, Dr Agnes Olatokunbo Martins, […]
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By Udeme Akpan, Energy Editor Petrol prices fell by as much as N24 per litre at major depots in Lagos on Tuesday, while other markets recorded smaller reductions, raising expectations that filling stations could begin cutting pump prices as they replenish their stocks. The development came amid a decline in international crude oil prices, with […]
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Mixed reactions yesterday trailed the Central Bank of Nigeria, CBN’s cut on interest rate by three per cent, as the Monetary Policy Rate, MPR, was reduced from 26.5 per cent to 23 per cent.
The post Experts divided over CBN’s 3% interest rate slash appeared first on Vanguard News.