Rate – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Thu, 22 Jan 2026 09:06:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Rate – InfoStride News https://www.theinfostride.com 32 32 OPS Presses for Rate Cut as MPC Convenes Today https://www.theinfostride.com/ops-presses-for-rate-cut-as-mpc-convenes-today/ https://www.theinfostride.com/ops-presses-for-rate-cut-as-mpc-convenes-today/#respond Mon, 12 Jan 2026 20:17:20 +0000 https://www.theinfostride.com/?p=414063 As the Central Bank of Nigeria’s Monetary Policy Committee (MPC) convenes for its 300th meeting on May 19 and 20, 2025, the Organised Private Sector (OPS) is urging the committee to consider reducing the current benchmark interest rate of 27.50%. The OPS argues that a rate cut would alleviate the financial burden on businesses and [...]

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]]> https://www.theinfostride.com/ops-presses-for-rate-cut-as-mpc-convenes-today/feed/ 0 Adopt Alternatives to Interest Rate Hikes, Treasurers Urge Govt https://www.theinfostride.com/adopt-alternatives-to-interest-rate-hikes-treasurers-urge-govt/ https://www.theinfostride.com/adopt-alternatives-to-interest-rate-hikes-treasurers-urge-govt/#respond Sun, 10 Nov 2024 19:24:33 +0000 https://www.theinfostride.com/?p=393521 As the global economy continues to face various challenges, treasurers and financial experts in Nigeria are advising the government to explore alternatives to the continuous hike in interest rates. This call comes in response to the Central Bank of Nigeria’s (CBN) recent decisions to raise interest rates as a means of combating inflation and stabilizing [...]

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]]> https://www.theinfostride.com/adopt-alternatives-to-interest-rate-hikes-treasurers-urge-govt/feed/ 0 BREAKING: Nigeria’s inflation rose to 32.70% in September 2024 – NBS https://www.theinfostride.com/breaking-nigerias-inflation-rose-to-32-70-in-september-2024-nbs/ https://www.theinfostride.com/breaking-nigerias-inflation-rose-to-32-70-in-september-2024-nbs/#respond Tue, 15 Oct 2024 21:32:41 +0000 https://www.theinfostride.com/?p=391119 The National Bureau of Statistics (NBS) has reported that Nigeria’s inflation rate surged to 32.70% in September 2024, marking a significant increase from the previous month. This jump represents the highest inflation rate the country has seen in recent years, intensifying concerns about the cost of living and economic stability. According to the NBS report, [...]

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]]> https://www.theinfostride.com/breaking-nigerias-inflation-rose-to-32-70-in-september-2024-nbs/feed/ 0 Germany’s rejection rate for multiple entry Schengen visa is only 14%, falling below average https://www.theinfostride.com/germanys-rejection-rate-for-multiple-entry-schengen-visa-is-only-14-falling-below-average/ https://www.theinfostride.com/germanys-rejection-rate-for-multiple-entry-schengen-visa-is-only-14-falling-below-average/#respond Thu, 20 Jun 2024 13:03:22 +0000 https://www.theinfostride.com/?p=380875 Germany’s rates for issuing multiple-entry visas have consistently remained high, as the latest statistics reveal that 90.4% of visas issued by German consulates in 2023 were multiple-entry.   Also, the rejected ones were only 14.3% of the visa applications received globally, which falls below the Schengen average rejection rate of 16%.   Moreover, Germany leads as the country with [...]

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]]> https://www.theinfostride.com/germanys-rejection-rate-for-multiple-entry-schengen-visa-is-only-14-falling-below-average/feed/ 0 PwC Report Highlights Exchange Rate Volatility Impact on Debt Servicing in 2024 https://www.theinfostride.com/pwc-report-highlights-exchange-rate-volatility-impact-on-debt-servicing-in-2024/ https://www.theinfostride.com/pwc-report-highlights-exchange-rate-volatility-impact-on-debt-servicing-in-2024/#respond Tue, 30 Jan 2024 10:09:59 +0000 https://www.theinfostride.com/?p=369124 A report by PwC has emphasized that exchange rate volatility may pose challenges for debt servicing in 2024. This assessment sheds light on the potential risks associated with currency fluctuations and their implications for debt management. As Infostride News closely monitors these developments, comprehensive coverage will be provided, including insights into the findings of the [...]

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]]> https://www.theinfostride.com/pwc-report-highlights-exchange-rate-volatility-impact-on-debt-servicing-in-2024/feed/ 0 DMO Unveils November FGN Savings Bonds with Attractive 13.4% Interest Rate https://www.theinfostride.com/dmo-unveils-november-fgn-savings-bonds-with-attractive-13-4-interest-rate/ https://www.theinfostride.com/dmo-unveils-november-fgn-savings-bonds-with-attractive-13-4-interest-rate/#respond Mon, 06 Nov 2023 21:50:12 +0000 https://www.theinfostride.com/?p=359718 The Debt Management Office (DMO) has officially initiated the subscription process for the Federal Government of Nigeria’s two-year and three-year bonds for the month of October, offering an attractive interest rate of up to 13.4%. This significant financial development was disclosed through an official statement published on the DMO’s website. The subscription period is set [...]

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]]> https://www.theinfostride.com/dmo-unveils-november-fgn-savings-bonds-with-attractive-13-4-interest-rate/feed/ 0 What to do with the naira as inflation hit a 17-year high https://www.theinfostride.com/what-to-do-with-the-naira-as-inflation-hit-a-17-year-high/ https://www.theinfostride.com/what-to-do-with-the-naira-as-inflation-hit-a-17-year-high/#respond Fri, 21 Oct 2022 23:09:14 +0000 https://www.theinfostride.com/?p=334611 Let’s face it; Nigeria’s skyrocketing inflation and a few high-yielding investment options are already deterring some investors from investing in the continent’s largest frontier market. The risk that investors confront is ranked highly by this rise in the cost of goods and services. The average investor’s portfolio is negatively impacted by inflation because you need [...]

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]]> https://www.theinfostride.com/what-to-do-with-the-naira-as-inflation-hit-a-17-year-high/feed/ 0 Exchange rates between Naira and Dollar on 11th October 2022 https://www.theinfostride.com/exchange-rates-between-naira-and-dollar-on-11th-october-2022/ https://www.theinfostride.com/exchange-rates-between-naira-and-dollar-on-11th-october-2022/#respond Tue, 11 Oct 2022 22:14:34 +0000 https://www.theinfostride.com/?p=334016 The exchange rate between the naira and the US dollar traded at an average of N730/$1 at the black market, on Tuesday, 11th October 2022, representing a 0.14% appreciation from N731/$1 recorded on Monday.  This is according to information from black market traders who spoke to Nairametrics.  The naira at the cryptocurrency peer-to-peer FX market depreciated marginally by [...]

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]]> https://www.theinfostride.com/exchange-rates-between-naira-and-dollar-on-11th-october-2022/feed/ 0 Exchange rate between naira and dollar trades at N706/$ at the black market on 12th September 2022 https://www.theinfostride.com/exchange-rate-between-naira-and-dollar-trades-at-n706-at-the-black-market-on-12th-september-2022/ https://www.theinfostride.com/exchange-rate-between-naira-and-dollar-trades-at-n706-at-the-black-market-on-12th-september-2022/#respond Mon, 12 Sep 2022 13:39:48 +0000 https://www.theinfostride.com/?p=332300 The exchange rate between the naira and the US dollar stood at N706/$1 on Monday, 12th September 2022 morning, a 0.28% appreciation compared to N708/$1 recorded on Friday, last week. This is according to information obtained from black market operators. The local currency declined marginally against the US dollar to close at N436.33/$1 at the [...]

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]]> https://www.theinfostride.com/exchange-rate-between-naira-and-dollar-trades-at-n706-at-the-black-market-on-12th-september-2022/feed/ 0 I No Longer Rate South African Men – YCee https://www.theinfostride.com/i-no-longer-rate-south-african-men-ycee/ Tue, 03 Sep 2019 22:53:00 +0000 https://www.theinfostride.com/?p=237233 The last two days have recorded a strained relationship between Nigeria and South Africa over the xenophobic attacks in SA. Popular rapper, Ycee has even learned his voice on the xenophobic attack on social media and it has attracted several reactions. The rapper blasted South African men over the sad attacks with these words, “I [...]

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]]> Men Have A Higher Rate Of Dying By Suicide – Chimamanda Adichie https://www.theinfostride.com/men-have-a-higher-rate-of-dying-by-suicide-chimamanda-adichie/ Fri, 14 Sep 2018 18:38:51 +0000 https://www.theinfostride.com/?p=216058 Chimamanda Adichie says as even though men benefit from patriarchy, they also suffer from it. The award-winning author made this speech at Hubspot’s Annual Inbound Conference where she was one of the keynote speakers for 2018. According to her, the effects of patriarchy has a huge impact on both men and women but men tend [...]

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]]> Seven Percent GDP Growth Rate Is Achievable – Buhari https://www.theinfostride.com/seven-percent-gdp-growth-rate-is-achievable-buhari/ Thu, 22 Feb 2018 16:26:13 +0000 https://www.theinfostride.com/?p=200560 Muhammadu Buhari has said Nigeria is open to investments and ready to provide leadership for Africa in oil and gas. He noted that “NIPS is also designed after the OTC in Houston to deepen, enrich and provide leadership for Africa and make it one of the most important annual oil and gas events globally. “It [...]

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]]> The Mortality Rate From Lassa Fever Is Too High – Rochas Okorocha https://www.theinfostride.com/the-mortality-rate-from-lassa-fever-is-too-high-rochas-okorocha/ Thu, 25 Jan 2018 21:05:54 +0000 https://www.theinfostride.com/?p=197294 Gov. Rochas Okorocha has said three persons had died of Lassa fever while seven others were hospitalised. He expressed regret over the disease and the cautioned citizens against unhygienic habits and body contact. “This morning, we woke up to hear from relevant agencies that Lassa fever has killed three people while seven others are hospitalised. [...]

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]]> Fashola Keeps Showing He Does Not Rate Nigerian Engineers https://www.theinfostride.com/fashola-keeps-showing-he-does-not-rate-nigerian-engineers/ Fri, 04 Nov 2016 19:26:46 +0000 http://www.theinfostride.com/?p=146867 If you are a Nigerian Engineer, Babatunde Fashola who is the Minister of Power, Works and Housing, doesn’t rate you. It’s okay, we’ve got broad enough shoulders for you to cry on. Worse, if you are studying for an Engineering degree in a Nigerian University, you may want to consider a change of course while [...]

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]]> El-Rufai Fault CBN’s Decision To Increase Lending Rate https://www.theinfostride.com/el-rufai-fault-cbns-decision-to-increase-lending-rate/ Thu, 11 Aug 2016 23:11:59 +0000 http://www.theinfostride.com/?p=139807 The Kaduna state Governor, Nasir El-Rufai, has faulted the Central Bank of Nigeria (CBN’s) recent increase in lending rate. El-Rufai also said the Federal Government might be forced to reduce the lending rate through legislation. The CBN had earlier announced the increase in the lending rate from 12% to 14%, in a bid to tighten [...]

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]]> Winning EPL Title Was Down To Work Rate – Vardy https://www.theinfostride.com/winning-epl-title-was-down-to-work-rate-vardy/ Wed, 04 May 2016 18:34:42 +0000 http://www.theinfostride.com/?p=127627 Jamie Vardy believes the work ethic of his Leicester City team-mates this season has fired them to Premier League glory. The Foxes have shocked the footballing world this season by winning the English top flight only eight years after being relegated to League One, having begun the campaign favourites for the drop and 5000/1 outsiders [...]

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