Tag: Monetary Policy

The Nigerian naira strengthened against the US dollar in the official foreign exchange market in July 2026, supported by improved ...

The Central Bank of Nigeria (CBN) has decided to keep the country’s benchmark interest rate unchanged at 26.5 per cent, ...

Inflation is one of the biggest challenges any economy can face. When inflation rises too quickly, the prices of everyday ...

Nigeria's gross external reserves climbed to $51.86 billion as of July 14, 2026, their highest level in more than 17 ...

Nigeria’s benchmark interest rate could rise in the second half of 2026 as the Central Bank of Nigeria (CBN) responds ...

Nigeria’s cash-based economy remains strong despite ongoing efforts by the Central Bank of Nigeria (CBN) to encourage digital payments and ...

Nigeria’s broad money supply increased to N129.21 trillion in May 2026, underscoring the continued expansion of liquidity across the economy ...

Nigeria’s gross external reserves rose to $50.886 billion as of June 16, 2026, placing the country within striking distance of ...

The Central Bank of Nigeria (CBN) has introduced a new benchmark rate framework designed to enhance transparency, improve price discovery, ...

Nigeria's fixed-income market witnessed another significant liquidity mop-up on June 3 as the Central Bank of Nigeria (CBN) raised N1.457 ...