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MPC Rate Cut In May Hinges On Stable FX Market, Inflation Trajectory –Analysts
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 ...
Daily Independent on MSN1h
Despite Inflation Drop, Nigerian Consumers Lament High Prices Of Goods, Services
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 ...
TheCable1h
FAAC meeting postponement, new inflation rate… business stories to track this week
Here are the seven top business stories you need to track this week — February 24 to March 1. The federation account ...
Nairametrics1h
GDP rebasing: Atedo Peterside urges NBS to prioritize trust and credibility in Nigeria
Atedo Peterside, the founder of Stanbic IBTC Bank Plc, has advised the National Bureau of Statistics (NBS) to prioritize building ...
The Nation Newspaper5h
Reflections on the drop in inflation
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 Nation Newspaper5h
CBN, MPC’s sustained fight against inflation yields positive results
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 ...
thenews-chronicle2d
CBN Aims For Medium To Long-Term Single-Digit Inflation – Cardoso
On Thursday, the Central Bank of Nigeria’s (CBN) governor, Olayemi Cardoso, stated that the central bank’s goal is to reduce ...
The Street Journal3d
CBN retains 27.5% interest rate
The CBN Governor announced the decision on Thursday, stating all parameters were unanimously held as committee assessed the ...
technext243d
CBN retains interest rate at 27.5%, encourages banks to make more cash available at ATMs
The CBN has raised interest rates by a cumulative 16 percentage points since 2022 to curb decades-high inflation and ...
Nigeria keeps benchmark interest rate steady as inflation seen falling gradually
Nigeria's central bank left its benchmark interest rate unchanged on Thursday after six hikes last year, saying that it was ...
newsdigest3d
CBN Keeps Interest Rate at 27.50% Despite Inflation Drop
The Central Bank of Nigeria (CBN) has decided to maintain the Monetary Policy Rate (MPR) at 27.50%, citing improvements in ...
worldconstructionnetwork4d
Nigerian President proposes 2025 budget increase; sparks fiscal sustainability concerns
The Nigerian President, Bola Tinubu, announced in early February 2025 that he plans to increase the 2025 budget expenditure from N49.7trn ($33.1bn), which was initially presented to the National ...