Nigeria’s inflation continues to ease in August
Nigeria's headline inflation rate eased slightly in August 2024, decelerating from 33.40 per cent in July to 32.15…
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Central Bank of Nigeria (CBN)
Nigeria raises rates to 26.25%
Nigeria's central bank has implemented a significant adjustment, raising its benchmark lending rate from 24.75 per…
Nigeria’s naira decline prompts rate discussions
The Nigeria's naira has sharply declined since mid-April, with a 28-year high inflation rate likely prompting the…
CBN’s governor challenged by rate decision
Nigeria’s central bank governor, Olayemi Cardoso is facing a difficult challenge as he’s about to announce his…
Nigeria devalues currency for 2nd time
Nigeria has drastically devalued its currency for the second time in eight months, to streamline its convoluted…
Nigeria’s naira falls to record low vs U.S. dollar
Nigeria's naira fell to as low as 1,421 against the dollar on the official market on Friday, according to FMDQ…
Egypt’s c.bank, CBN sign MoUs to exchange expertise in fintech, e-payment system
The Central Bank of Egypt (CBE) signed two Memorandum of Understanding (MoU) with the Central Bank of Nigeria (CBN)…
