The policy shift involved the rebased Consumer Price Index (CPI) data that significantly dropped headline inflation figures ...

The Central Bank of Nigeria has spoken on the strategies it will use to bring the inflation rate down from the 24.48% ...

On Thursday, the Central Bank of Nigeria’s (CBN) governor, Olayemi Cardoso, stated that the central bank’s goal is to reduce ...

The Central Bank of Nigeria (CBN) has set its sights on reducing inflation to a single digit in the medium to long term, following the recent rebasing of the Consumer Price Index (CPI) and subsequent ...

The Central Bank of Nigeria (CBN) has set its sights on reducing inflation to a single digit in the medium to long term, ...

The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso said Nigeria’s current Consumer Price Index is reflective ...

The CBN has raised interest rates by a cumulative 16 percentage points since 2022 to curb decades-high inflation and ...

Yet much of it is common among young people across Africa. Better educated than their parents and full of entrepreneurial zeal, they find that their societies are not letting them fulfil their ...

Nigeria's central bank left its benchmark interest rate unchanged on Thursday after six hikes last year, saying that it was ...

Amid drop in Nigeria’s inflation, the Central Bank of Nigeria Monetary Policy Committee has retained the country’s interest rate at 27.50 percent in January, the same rate as in November ...

The Central Bank of Nigeria (CBN) has decided to maintain the Monetary Policy Rate (MPR) at 27.50%, citing improvements in ...

ABUJA (Reuters) - Nigeria's central bank held its benchmark lending rate at 27.50%, its governor Olayemi Cardoso said on ...