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The Central Bank of Nigeria (CBN) Monetary Policy Committee has implemented a 150-basis-point increase in interest rates, raising them to 26.25 percent from the previous 24.75 percent in March. The CBN Governor, Olayemi Cardoso, announced on Tuesday that this decision was made to address the country’s growing inflation issue. Speaking during the 295th MPC press briefing held in Abuja today, Cardoso said the primary objective of this interest rate hike is to curb the rising headline inflation, which reached 33.69 per cent in April....

BREAKING: CBN Hikes Interest Rate Amid Rising Inflation The Central Bank of Nigeria (CBN) Monetary Policy Committee has implemented a 150-basis-point increase in interest rates, raising them to 26.25 percent from the previous 24.75 percent in March. The CBN Governor, Olayemi Cardoso, announced on Tuesday that this decision was made to address the country...

The UK government plans to offer 43,000 seasonal worker visas to the horticulture sector and an additional 2,000 to the poultry sector in 2025. The government has also prolonged the visa program for an additional five years, extending it until 2029. This comes as a bid to support farmers and growers in transitioning to automated solutions, and aims “to afford businesses the opportunity to plan adequately, invest in automation, and reduce dependence on migrant labor.”...

UK to offer 43,000 seasonal worker visas, prolongs visa program by 5 years The UK government plans to offer 43,000 seasonal worker visas to the horticulture sector and an additional 2,000 to the poultry sector in 2025. The government has also prolonged the visa program for an additional five years, extending it until 2029. This comes as a bid to support farmers and growers...