Monetary policy

CBN Targets Single-Digit Inflation Under New Policy Framework

Abuja, Nigeria – The Central Bank of Nigeria affirmed its commitment to drive…

CBN Interest Rate Cut by 0.5 Point to 26.5% to Support Economic Stability

ABUJA, NIGERIA – The Central Bank of Nigeria (CBN) announced on Tuesday,…

Bank of Uganda Holds Benchmark Rate at 9.75% as Inflation Remains Subdued

Kampala, Uganda – The Bank of Uganda, the central bank of the…

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…

CBN Cuts Interest Rate to 27% Amid Inflation Decline

The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate…

CPPE Urges CBN to Ease Policy Rates, Boost Credit Access for SMEs

The Centre for the Promotion of Private Enterprise (CPPE) has urged the…

Naira Faces Pressure Despite Strategic CBN Intervention

The Nigerian naira closed out the last trading week on a weakened…

LCCI Cautions Nigeria on Inflation Despite Recent Easing

The Lagos Chamber of Commerce and Industry (LCCI) has urged Nigeria to…

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…

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…