Nigerian newspapers review: Experts divided over CBN’s 3% interest rate slash

In today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with mixed reactions to the Central Bank of Nigeria’s three per cent interest rate cut, as the Monetary Policy Rate (MPR) was reduced from 26.5 per cent to 23 per cent.
Another headline features the vice-presidential candidate of the Nigeria Democratic Congress (NDC), Rabiu Kwankwaso, saying a government led by the party’s presidential candidate, Peter Obi, would reintroduce fuel subsidy, but through a different approach.
Vanguard also reports that the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled proposed regulations aimed at curbing monopoly, abuse of market ...