The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has, for the first time since the Covid-19 pandemic in 2020, reduced the benchmark interest rate, signalling a cautious …
The Central Bank of Nigeria has reduced the country’s benchmark interest rate to 27 per cent, marking the first cut in 2025 after three consecutive pauses. The move signals a …
The Manufacturers Association of Nigeria (MAN) has cautioned the Federal Government against the planned introduction of a Tax Stamp System on excisable products, warning that the policy would worsen inflation, …
Equities across Asia traded mixed on Thursday after the United States Federal Reserve lowered interest rates for the first time since December, leaving investors uncertain about how many more cuts …
The Independent Media and Policy Initiative (IMPI) has predicted that Nigeria’s inflation rate will decline to 17 per cent by December 2025, citing continued signs of disinflation in the economy. …
The naira continued its rally on Wednesday, closing at N1,500.91 to the United States dollar at the official Nigerian Foreign Exchange Market. The performance marked a significant milestone as the …
For decades, Nigerians have leaned on one financial habit: saving. Whether through bank accounts, thrift contributions, or cooperative societies, the culture of putting money aside was seen as the safest …
Nigeria’s private sector recorded stronger growth in August 2025 as improved customer demand and easing inflationary pressures boosted business activity, according to the latest Stanbic IBTC Bank Nigeria Purchasing Managers’ …
The National Bank of Rwanda has raised its key repo rate by 25 basis points to 6.75 percent as the country battles rising inflation that is putting pressure on the …
President Abdel Fattah El-Sisi has given a new directive to the Central Bank of Egypt, asking the regulator to intensify efforts to raise dollar proceeds from within the country while …