CBN Pushes Inflation Targeting, Eyes Single-Digit Price Stability
Abuja, Nigeria – The Central Bank of Nigeria intensifies its shift towards a rules-based monetary policy, targeting single-digit inflation to stabilise Africa’s largest economy.…
Topic
monetary policy
CBN Cuts Benchmark Rate to 26.50% in Policy Shift
ABUJA, Nigeria – Nigeria’s Central Bank of Nigeria (CBN) reduces its benchmark interest rate by 50 basis points to 26.50 per cent, signalling a…
Foreign Investment Surges as Nigeria Records $20.98bn Inflows – Cardoso
LAGOS, Nigeria – Foreign capital inflows into Nigeria surged to $20.98 billion in the first ten months of 2025, signalling renewed investor confidence driven…
Just In: CBN Holds 27% Rate, Extends Tough Fight Against Inflation
ABUJA, Nigeria – The Central Bank of Nigeria (CBN) has kept its Monetary Policy Rate (MPR) at 27%, reinforcing its toughest stance yet against…
Nigeria’s Inflation Hits Eight-Year Low as Prices Finally Ease
LAGOS, Nigeria – Nigeria has recorded its lowest inflation rate in eight years, marking a major turning point in the country’s battle against soaring…