According to the National Bureau of Statistics, Nigeria’s headline inflation rate eased to 22.97 per cent in May, down from 23.71 per cent in April.
The minister reiterated his commitment to collaborative economic management, signalling a renewed focus on driving sustainable growth and development.
The judge said, “This plaintiff must be prevented from filing these frivolous suits except he can present a certificate showing that he is psychologically normal.’’
Mr Kuru was arraigned on February 11 alongside Sigma Golf Nigeria Ltd.
The naira maintained consistent strength throughout the week, recording gains daily.
Mr Cardoso said that all 12 MPC members voted unanimously to hold all key monetary parameters.
Thursday’s trading session saw a minor setback, with the naira slipping by N2.62 against the dollar.
Despite these gains, the World Bank official reiterated that many challenges remained, including persistent high inflation.
Data from the Central Bank of Nigeria’s website showed that the naira gained N5.71.
Ms Arthur described the situation as sad and frustrating.
