The International Monetary Fund (IMF) has praised Nigeria’s ongoing economic reforms led by the Central Bank of Nigeria (CBN) under the leadership of its Governor, Mr. Olayemi Cardoso. The global …
Monetary Policy
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Central BankingEconomyGlobal MarketsGovernanceMonetary PolicyNigeria
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AfricaEconomyFinanceGhanaMonetary Policy
Ghana Targets Early Exit from IMF $3bn Credit Programme by 2026
Ghana is on track to exit the International Monetary Fund’s (IMF) US$3 billion Extended Credit Facility (ECF) programme ahead of schedule, following strong economic recovery and improved fiscal performance, according …
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BankingDevelopmentEconomyFinanceINVESTMENTMonetary PolicyNigeria
CBN to Offer N650bn Treasury Bills at October 22 Auction
The Central Bank of Nigeria (CBN) has announced plans to conduct another round of Treasury Bills (T-Bills) auction on Wednesday, October 22, 2025, with a total of N650 billion worth …
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Central BankingEconomyInternational RelationsMonetary PolicyTechnology
CBN and Bank of Angola Sign MoU to Strengthen Bilateral Financial Cooperation
The Central Bank of Nigeria (CBN) and the Bank of Angola have signed a Memorandum of Understanding (MoU) to deepen bilateral cooperation and strengthen capacity in central banking operations between …
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CurrencyEconomyFinanceInternationalMonetary PolicyTrade
US Dollar Weakens as Markets Expect Fed Rate Cut Amid Renewed US-China Trade Tensions
The United States dollar weakened on Wednesday, losing ground against major global currencies as financial markets priced in a possible interest rate cut by the Federal Reserve. The decline comes …
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Central BankingEconomyFinanceGOVERNMENTInternationalMonetary Policy
CBN Governor Olayemi Cardoso Says Nigeria Has Built Strong Economic Buffers Against Global Shocks
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said that Nigeria has built strong economic buffers and resilience to withstand global and domestic financial shocks through …
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BusinessCentral BankingEconomyFinanceInflationMonetary PolicyNigeria
CBN Cuts Benchmark Rate to 27% in First Policy Shift Since 2020 Pandemic
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 …
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BankingBusinessEconomyFinanceInflationMonetary Policy
CBN Cuts Interest Rate to 27% as OPS Says Relief Still Too Small
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 …
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BankingEconomyFinanceGovernanceMonetary PolicySMEs
CPPE Urges CBN to Ease Monetary Policies to Support SMEs
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to adopt a more balanced policy direction that will make credit more affordable …
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EconomyGlobal MarketsInflationMonetary PolicyStock Market
Asian Stocks Waver as US Fed Cuts Rates Amid Jobs Concerns
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 …