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CBN Raises Interest Rate To 26.25 %

Boom RadioNG | May 21, 2024

The Central Bank of Nigeria (CBN) has today raised the interest rate by 150 basis points from 24.75 per cent to 26. 25 per cent. After the 2-day meeting of the bank’s Monetary Policy Committee (MPC), they agreed to increase the Monetary Policy Rate(MPR) for the third consecutive time to […]

Port Harcourt Refinery photo credit NNPCL

Good News for Nigeria: Port Harcourt Refinery Back Online!

Boom RadioNG | December 21, 2023

Exciting news for Nigeria’s energy sector! The Port Harcourt Refinery has officially resumed operations after a comprehensive rehabilitation, fulfilling the Federal Government’s promise to bring the refinery back online by December 2023. This marks a significant milestone in Nigeria’s quest for self-sufficiency in refined petroleum products. The refurbished facility, encompassing […]

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