Monetary policy
Nigeria’s Money Supply Falls To N117.8trn In September
Nigeria’s Money Supply (M²) declined by 1.58 percent month-on-month to N117.8 trillion in September 2025, down from N119.7 trillion in August, according to...
CBN Cuts Interest Rate to 27% Amid Inflation Decline
The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points, lowering it from 27.5 per cent...
CPPE Urges CBN to Ease Policy Rates, Boost Credit Access for SMEs
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to relax its monetary policy stance...
Naira Faces Pressure Despite Strategic CBN Intervention
The Nigerian naira closed out the last trading week on a weakened footing at the official foreign exchange market, experiencing a subtle depreciation...
LCCI Cautions Nigeria on Inflation Despite Recent Easing
The Lagos Chamber of Commerce and Industry (LCCI) has urged Nigeria to maintain focus on addressing the underlying causes of inflation, even as...
CBN Maintains Interest Rate at 27.50% for Second Time in 2025 Amid Economic Stability Efforts
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has once again opted to keep the country’s benchmark interest rate steady at 27.50...
Naira in Circulation Dips to N5 Trillion in March 2025 Amid CBN Liquidity Management Efforts
The total amount of naira circulating within the Nigerian economy has witnessed a notable decrease, settling at N5 trillion by the end of...
Nigeria’s Economic Reforms Bolster Resilience Amid Global Headwinds, Says IMF
Significant economic reforms undertaken by Nigeria since 2023 have notably enhanced the nation’s capacity to withstand external economic shocks, according to the International...
Nigeria’s Money Supply Hits Record High Despite CBN’s Tightening Grip
In a striking paradox highlighting the complexities of Nigeria’s economic landscape, the nation’s broad money supply (M3) has reached an unprecedented peak of...