The Central Bank of Nigeria is preparing to contain potential liquidity pressures linked to increased spending ahead of the 2027…
Browsing: ECONOMY
The Central Bank of Nigeria (CBN) says its decision to reduce the Monetary Policy Rate (MPR) from 26.5% to 23%…
The Central Bank of Nigeria (CBN) has reset its Monetary Policy Rate (MPR) from 26.5% to 23%, delivering its largest…
Credit to the Nigerian government fell for the third consecutive month, dropping to N32.70 trillion in August 2026 from N33.92…
Nigeria’s push to make banks and fintech companies host payment data locally could help transform the country into a major…
The naira’s near-term outlook has weakened as renewed strength in the US dollar and rising petrol-related costs increase pressure on…
Nigeria’s foreign exchange supply rose 20.5% to $8.94 billion in 2025, up from $7.43 billion recorded in 2024, according to…
Nigeria received $11.12 billion in personal transfers, including workers’ remittances, in the first half of 2026, as diaspora inflows strengthened…
The Central Bank of Nigeria (CBN), on behalf of the Debt Management Office (DMO), has offered N500 billion worth of…
Cash held outside Nigeria’s banking system rose to N4.87 trillion in August 2026, reversing a three-month decline, latest Central Bank…