Nigeria’s inflation to decelerate further on stable exchange rate, tight liquidity
Financial analysts say Nigeria inflation may decelerate further in August albeit marginally to 16 percent, citing stable exchange rate and ...
Thursday, June 25, 2026
Tag: Central Bank of Nigeria
Nigeria naira trades N362/$ as CBN injects $547m in one week
Nigeria’s central bank Thursday raised the total intervention for the week to $547 million as against $195 million offered the ...
Nigerian banking sector hovers near top of risk watch, says EIU
The Economist Intelligence Unit (EIU), a member of The Economist Group, has indicated that Nigeria’s banking sector is hovering near ...
Nigeria’s Access Bank takes 30% haircut on its 9Mobile loan, insists Etisalat UAE still has obligation
Nigeria’s Access Bank said Wednesday that it is taking a 30 percent haircut on its loan to troubled telecoms firm ...
Nigeria’s interbank lending rate drops on liquidity injection
Nigeria’s overnight lending rate dropped to 12 percent Friday after spiking to almost 100 percent Wednesday due to a liquidity ...
Central banks’ pursuit of inflation has turned Sisyphean, analysts call for its end
Central banks globally have spent years fruitlessly trying to awaken long-dormant inflation, and some analysts say it's time to stop ...
Turnover in Nigeria fixed income, currency markets drop in July as CBN cuts back forex intervention
Transaction turnover in Nigeria’s fixed income and currency markets for the month of July 2017 amounted to ₦11.53 trillion, an ...
Musings on Nigeria’s recent economic landscape from India
Asuri Vasudevan (Contributor) Vasudevan was Executive Director, Reserve Bank of India between 1996-2000. Having worked in Abuja, Nigeria in ...
China declares war on Ponzi schemes, fundraising ploys
Chinese police will strike hard against shady financial schemes because of the risk of social unrest from such fundraising ploys, ...
Nigeria national oil company data show production down 69% at new Lagos Aje oil field
New data from Nigerian National Petroleum Corporation (NNPC), the oil production arm of Africa's largest economy by gross domestic product, ...
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