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, ...

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

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 ...

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 ...

The Nigerian President, Bola Tinubu, announced in early February 2025 that he plans to increase the 2025 budget expenditure from N49.7trn ($33.1bn), which was initially presented to the National ...

Nigeria has filed an $81.5 billion lawsuit against Binance, claiming the cryptocurrency exchange operated without a license ...

Data from the United States Department of Agriculture shows Nigeria’s rice production is down 7 percent in the 2024/2025 ...