The Central Bank of Nigeria (CBN) has been urged to take additional measures to reduce lending rates for households and businesses.
Inflation in Nigeria is expected to continue its downward trajectory in 2025 as the impact of the Central Bank of Nigeria (CBN) reforms continue to drive growth and economic development. Already, ...
Interest rate will top the agenda of next week’s Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) meeting, it was learnt yesterday. The 294th MPC meeting is coming three weeks after the ...
A statement by Mr Isaac Okorafor, Director, Corporate Communications, CBN, said the date was changed from Monday and Tuesday following the declaration of Tuesday as public holiday by the Federal ...
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has raised the Monetary Policy Rate (MPR), from 26.75 percent to 27.25 percent. CBN’s Governor, Olayemi Cardoso, announced the 50 ...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday raised the country’s baseline interest rate by another 50 basis points to 26.75%. Yemi Cardoso, Governor, CBN, who ...
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Inflation expected to edge higher, putting pressure on CBN

LAGOS – Nigeria’s inflation rate is expected to edge higher for the fourth consecutive month in June 2026, setting the stage for another crucial monetary policy de­cision by the Central Bank of ...
Credit to the Nigerian government increased by N17.39 trillion in the year to May 2026, reflecting continued growth in public ...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) recently released the communique of its 305th meeting and third sitting this year. The committee unanimously voted to retain ...
CBN's commitment to preserving economic stability through the application of monetary policy is laudable, reckons Isah Aliyu Chiroma In a strategic move reflecting confidence and stability, the ...