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 …
Monetary Policy
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BusinessCentral BankingEconomyFinanceInflationMonetary PolicyNigeria
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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 …
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BusinessEconomyFinanceGovernanceInflationMonetary Policy
IMPI Forecasts Nigeria’s Inflation to Drop to 17% by December 2025
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. …
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EconomyFinanceFinance ConferencesGovernanceInternational AffairsMonetary PolicyNigeria
Nigerian Economic Society to Honour Shettima, Iyabo Masha, Others at Annual Conference
The Nigerian Economic Society (NES) has announced that Vice President Kashim Shettima and Dr. Iyabo Masha, Director of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G-24), …
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AgricultureEastern AfricaEconomyFinanceInflationMonetary Policy
Rwanda Central Bank Raises Key Interest Rate to Tackle Rising Inflation
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 …
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BusinessEconomyFinanceGOVERNMENTMonetary PolicyNigeria
Finance Minister Wale Edun, CBN Governor Cardoso Pledge Stronger Policy Coordination to Boost Economy
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, have pledged closer coordination …
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AgricultureBusinessEconomyInflationMonetary PolicyTrade
Analysts See Inflation Cooling but Warn of Rising Policy Costs
Nigeria’s inflation outlook is showing signs of relief as analysts project a continued slowdown in the coming months. This follows new data released by the National Bureau of Statistics (NBS) …
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EconomyFinanceInflationMonetary PolicyTrade
Lesotho Faces Threat from Global and Regional Economic Risks
Lesotho’s economy is trying to recover after years of challenges, but the progress made this year could be at risk if global and regional economic conditions worsen. This was the …