Chatham House warns Nigeria against strengthening the naira, urging that its depreciation has made the country more competitive. The think tank highlights positive economic impacts, such as improved balance of payments and increased reserves, while recommending alternative measures to control...
A Nigerian trader's optimism about President Tinubu’s economic policies has sparked a viral conversation online. In a video, she confidently assures Nigerians that inflation will ease and prices will drop soon. Her remarks have drawn mixed reactions on social media, with some supporting her...
The Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR) from 24.75% to 26.25% to combat rising inflation, now at 33.69% due to increasing food prices. This is the third consecutive rate hike this year, impacting borrowing costs and economic growth in Nigeria.
The monetary...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.