cash-reserve-ratio

States Await Funds as FAAC Skips January Allocation Meeting

States Await Funds as FAAC Skips January Allocation Meeting

Pecohub March 15, 2026

The Federation Account Allocation Committee has skipped the January revenue sharing meeting following a decline in federation revenues, raising concerns among states over...

Naira Slides to N1,359/$ After CBN Cuts Interest Rate to 26.5%

Naira Slides to N1,359/$ After CBN Cuts Interest Rate to 26.5%

Pecohub February 25, 2026

The naira depreciated to N1,359/$ on Tuesday following the conclusion of the 304th Monetary Policy Committee (MPC) meeting of the Central Bank of...