CBN to Launch New FX Manual to Boost Inflows and Stabilise Naira
The Central Bank of Nigeria (CBN) is poised to unveil a groundbreaking new foreign exchange (FX) manual, a strategic move ...
Tag: Inflation
Petrol Demand Slumps as Prices Cross ₦1,300
Oil marketers have reported a sharp decline in petrol sales across Nigeria, with many filling stations witnessing a significant drop ...
Soaring Food Prices Dampen Easter Spending Across Lagos Markets
The usual Easter shopping rush across major markets in Lagos has slowed significantly, as rising food prices force many residents ...
Economic Pressures Force FCT Residents to Scale Down Easter Celebrations
Some residents of the Federal Capital Territory say they have scaled down their Easter celebrations in response to rising economic ...
South Africa Cuts Fuel Levy as Global Oil Price Surge Threatens Inflation Target
South Africa will cut its fuel levy in April to cushion consumers from rising oil prices, Finance Minister Enoch Godongwana ...
Ghana Raises Fuel Price Floors as NPA Defends Market Stability Measures
Ghana's National Petroleum Authority (NPA) has raised minimum price floors for petroleum products effective April 1, 2026, signalling higher fuel ...
CBN Reforms Restore Investor Confidence as Bank Recapitalisation Nears Completion
The Central Bank of Nigeria has announced the implementation of bold and far-reaching reforms aimed at strengthening the nation’s economy ...
CBN Slashes Ways and Means Lending by Nearly 90 Percent
Olayemi Cardoso has announced a sharp reduction in the Central Bank of Nigeria’s financing to the federal government, cutting “ways ...
Dangote Cuts Petrol Price Amid Market Realignment
Dangote Petroleum Refinery & Petrochemicals has reduced its petrol gantry price to ₦1,200 per litre and its coastal price to ...
South African Reserve Bank Holds Rates on Middle East Risks
The South African Reserve Bank has held its benchmark interest rate at 6.75 per cent, citing rising inflation risks linked ...
