Nigeria: CBN projects foreign exchange reserves to hit $51bn by 2026; Stock Exchange closes year with N533bn gain
The Central Bank of Nigeria (CBN) says that external reserves of Nigeria will climb to $51.04bn in 2026, up from ...
Tag: Central Bank of Nigeria (CBN)
Nigeria’s overnight lending rate falls 100 bps on excess liquidity, policy shift
Nigeria's overnight lending rate fell by 100 basis points to 25.5% on Wednesday, traders said, after the central bank adjusted ...
Nigerian economist Kingsley Moghalu faults Africa’s focus on GDP growth
Former presidential candidate and economist, Kingsley Moghalu, has criticised Africa’s emphasis on Gross Domestic Product growth, describing it as a ...
Nigeria’s inflation hit new 28-year high in June, may have peaked
Nigeria's rate of inflation rose to a new 28-year high of 34.19% in annual terms in June, official data showed ...
Nigeria central bank aims for 21% inflation, seeks to support naira
Nigeria's central bank aims for inflation to fall to about 21% and will work to strengthen the country's undervalued naira ...
Nigeria central bank to make moves impacting FX markets in days
Nigeria's central bank plans to take measures that will impact currency markets in a few days time, its acting governor ...
Nigeria’s President appoints investigator to probe central bank
Nigeria's President Bola Tinubu has appointed a financial watchdog to investigate the central bank, weeks after he suspended its governor, ...
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