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%
NESG projects Nigeria’s economy to grow by 5.5% in 2025 with sustained reforms. Key focus: curbing inflation, stabilizing FX rates
Nigeria’s foreign exchange reserves fell by $832.62 million between January 6 and January 21, 2025, highlighting growing macroeconomic challenges
CBN calls on business-minded Nigerians to take advantage of the export potentials unlocked by the weakened naira.
