LAGOS – An optimistic inflation trajectory outlook, supported by the naira appreciation developments in the foreign exchange market, would determine future MPC’s potential rate cut at the May policy ...
The recent announcement by the Central Bank of Nigeria (CBN) that the country’s inflation rate has dropped to 24.48 percent after the rebasing of the Consumer Price Index (CPI) has been met with ...
Here are the seven top business stories you need to track this week — February 24 to March 1. The federation account ...
Atedo Peterside, the founder of Stanbic IBTC Bank Plc, has advised the National Bureau of Statistics (NBS) to prioritize building ...
To analysts at Cordros Research, future MPC decisions will be primarily influenced by developments in the foreign exchange market and the inflation ...
In May 2022, the MPR moved to 13 per cent up from 11.5 per cent. By the end of 2023, the monetary policy rate (MPR) stood at 18 per cent ...
The federal government has spent about $8 billion to stabilise the exchange rate of the Naira to the US dollar at its current ...
The drop in the inflationary rate was so sharp that it enjoyed banner headlines even among detractors of the government. Prior to the drop which stemmed from policy implementations, inflation was at ...
The Central Bank of Nigeria (CBN) finds itself navigating a treacherous economic landscape, grappling with the persistent ...
In its 2025 macroeconomic outlook, Comercio Partners highlighted that the rebasing of Nigeria’s Consumer Price Index (CPI) to 2024 would introduce statistical effects that could result in a decrease ...
For the first time in over five years, Nigeria is offering positive real return, as the interest rate is now higher than ...
Food inflation supposedly fell to 26.08 per cent down from 39.84 per cent under the new methodology. However, this sanitised ...