CBN LIKELY TO RAISE INTEREST RATE TO HALT INFLATION. (PHOTO).

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 CBN likely to raise interest rate to halt inflation ....Experts predict MPC tightening of monetary policy The Central Bank of Nigeria (CBN) is set to tighten further its monetary control in a renewed bid to moderate resurgent inflationary pressure. The Monetary Policy Committee (MPC), the highest policy-making organ of the apex bank, begins a two-day meeting today with policy response to mounting inflationary pressure as the main agenda. Analysts’ consensus and sources close to the apex bank were unanimous that the apex bank would increase the benchmark interest rate, the Monetary Policy Rate (MPR), in line with the bank’s avowed focus on curbing inflation and creating a stable investment environment. The MPC, headed by the Governor of the CBN, provides monetary policies and benchmarks, which determine the direction of the financial services sector, and the economy to a large extent. Headline inflation rate broke a two-month breather to record two consecutive monthly increases, raisin
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OKE-AFA MARKET, ISOLO, REOPENED. (PHOTOS). #ANNOUNCEMENT

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Having met the conditions for reopening sealed markets, Oke-Afa Market, Isolo was today reopened.


Keeping our environment clean is a task that has to be performed. We urge all residents to ensure proper waste management at home and business places.

More photos below. 







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