MPC meeting, FG's $1.5bn World Bank loan... business stories to track this week

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Here are the seven top business stories you need to track this week — September 23 to September 27.CBN TO HOLD MPC MEETING

The monetary policy committee of the Central Bank of Nigeria will meet to decide on key lending rates on September 23 and 24.

In a statement on September 20, the apex bank said the guideline was issued before December 31, 2023, adding that its stance on the suspension has not been revised.President Bola Tinubu says Nigeria’s daily petrol consumption reduced to about 30 million litres after subsidy removal. Novostal M and Proforce Manufacturing Limited — described as members of Tyazhpromexport’s consortium — were also involved in the MoU.on trains from a retrofitting process that involves converting locomotive engines to using a combination of diesel and liquefied natural gas .

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