
Nigeria’s Inflation Rises Unexpectedly to 24.2% in March 2025
Nigeria’s annual inflation surged to 24.2% in March, up from 23.2%, driven by a weakening naira and falling oil prices amid global trade tensions.

Nigeria’s annual inflation surged to 24.2% in March, up from 23.2%, driven by a weakening naira and falling oil prices amid global trade tensions.

Nigeria saw a 9% rise in remittance inflows in 2024, hitting $20.98 billion—the highest in five years under CBN Governor Olayemi Cardoso.

Nigeria’s financial markets reel from global tariff tensions as the naira weakens despite CBN’s $321m intervention

Central Bank of Nigeria (CBN) injects $197.71 million into the foreign exchange market to stabilise the naira, enhance liquidity, and counter global economic shifts

Liquidity scarcity impact Nigeria’s one-year treasury bill demand has dropped to its lowest level in 2024 despite rising yields.

ECOWAS is set to introduce the Eco single currency by 2027 to boost economic integration and financial stability across West Africa.

Central Bank of Nigeria (CBN) has urged financial institutions to adopt risk-based compliance frameworks to combat money laundering

The Naira gained 8.5% on the parallel market in February 2025, closing at ₦1,490/$ as the CBN’s forex interventions bolstered the currency

The Central Bank of Nigeria (CBN) increased Open Market Operations (OMO) sales by 1,773% in 2024 to N11.8 trillion, aiming to curb inflation

Fidelity Bank Plc is on track to meet the CBN’s 2025 recapitalization deadline, with its oversubscribed fundraising campaign strengthening investor confidence.
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