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Commercial banks across Nigeria have begun revising their interest rates.
This is coming after the Central Bank of Nigeria, CBN, raised its benchmark lending rate to 18 per cent last month.
CBN Governor, Godwin Emefiele, noted that the committee voted to keep the asymmetric corridor at +100 and -500 basis points around the MPR.
Written by: Helen Obih
Fashion designer Mary Quant has died aged 93. A statement issued by her family said she died peacefully at home in Surrey, UK this morning. Quant was credited with popularising the mini-skirts that helped define the Swinging 60s.
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