Nigeria’s economy is currently navigating through a landscape marked by numerous challenges. At the forefront of addressing these issues is the Central Bank of Nigeria (CBN), which has taken on …
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In a strategic move reflecting confidence and stability, the Central Bank of Nigeria (CBN) has chosen to maintain the monetary policy rate at 27.50%. This decision underscores the bank’s commitment …
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The launch of the Nigeria Foreign Exchange Code (FX Code) marks a significant milestone in the country’s journey towards a more transparent and accountable foreign exchange market. This landmark initiative …
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As we navigate the complex and evolving economic landscape, the Central Bank of Nigeria’s commitment to improving communication, fostering dialogue, and collaborating on critical issues shaping monetary policy is more …
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In 2024, the Central Bank of Nigeria (CBN) experienced a pivotal transformation under the innovative leadership of Governor Yemi Cardoso. Faced with a myriad of economic challenges that have hindered …
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The Central Bank of Nigeria (CBN) announced a significant yet nuanced rise in the Monetary Policy Rate (MPR) by 25 basis points, elevating it from 27.25% to 27.50%. While this …
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The International Financial Inclusion Conference (IFIC) 2024 took place on November 12–13 in Lagos, Nigeria, assembling global stakeholders to delve into the transformative potential of financial inclusion. Focusing on the …
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The International Financial Inclusion Conference (IFIC) 2024 took place on November 12–13 in Lagos, Nigeria, assembling global stakeholders to delve into the transformative potential of financial inclusion. Focusing on the …
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Under its current management, the Central Bank of Nigeria (CBN) has launched a series of robust initiatives to fortify Nigeria’s foreign exchange (forex) reserves and enhance confidence in the naira, …
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At the launch of the Next Generation Project in Kano, Ms. Rinsola Abiola, Senior Special Assistant to the President on Citizenship and Leadership, set a tone of optimism and urgency. …
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In a bid to further combat inflation and stabilize the economy, the Central Bank of Nigeria (CBN) recently raised the Monetary Policy Rate (MPR) by 50 basis points to 27.25% …
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The recently published first-quarter report from the Central Bank of Nigeria (CBN) showcases a determined and strategic path for economic expansion and recovery. The report presents excellent performance measures that …
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Central banks use inflation targeting to maintain economic growth and prices stability, with an inflation target. If inflation rises, central banks tighten monetary policy by increasing interest rates or other …
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Little clouds of dust rise and hang on our air. Up to almost yesterday our minds were molded by fear. The question on our minds was: who will save us? …
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This is a strange and frightening moment in Nigeria. There are many voices today mixed with anger and bitterness spread across the country expressed over the prevalent waves of insecurity, …
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The night before Saturday morning was difficult to devour, express and comprehend. Saturday morning strikes us with the calmness of the curfew imposed. A deeper inspection reveals to us its …
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