Africa News Nigeria’s naira decline prompts rate discussions Aya Anwar May 21, 2024 0 The Nigeria's naira has sharply declined since mid-April, with a 28-year high inflation rate likely prompting the…
Africa News Nigeria c.bank raises rates by 200bps Aya Anwar Mar 26, 2024 0 Central Bank of Nigeria (CBN), under Governor Olayemi Cardoso, raised its monetary policy rate by 200 basis points…
Africa News Nigeria devalues currency for 2nd time Aya Anwar Feb 1, 2024 0 Nigeria has drastically devalued its currency for the second time in eight months, to streamline its convoluted…
Money Egypt, Nigeria central banks sign fintech cooperation pact Mostafa Mahmoud Jul 17, 2023 0 The central banks of Egypt and Nigeria have signed on Monday an agreement to boost cooperation in multiple areas.