CBN inflation control strategy aims to bring inflation rate down to a single-digit level as CBN Governor reaffirmed the MPC meeting decision
Nigeria’s February 19 Treasury Bills auction attracts N2.41 trillion in subscriptions, indicating an unshaken investor confidence.
CBN has issued a directive requiring banks and financial institutions to publish dormant accounts and unclaimed balances on their websites.
Nigeria’s inflation rate drops to 24.48% in January 2025, down from 34.80% in December 2024, following the rebasing of the Consumer Price Index (CPI)
CBN Governor Olayemi Cardoso emphasizes Nigeria’s commitment to digital financial inclusion, highlighting mobile money services
Nigeria’s Monetary Policy Committee will hold its first 2025 meeting on Feb 19–20, with analysts predicting no changes to the MPR
Central Bank of Nigeria (CBN) reassures the public of Keystone Bank safety following a court order granting the federal government takeover.
Nigeria’s Purchasing Managers’ Index (PMI) hit 52.0 in January 2025, signaling continued growth despite a minor slowdown
Nigerian local governments must submit two-year audit reports to the CBN before receiving direct FAAC allocations
The IMF and World Bank have emphasized the importance of the CBN efforts to control inflation as Nigeria’s inflation rose to 34.8%
