Nigeria holds interest rate steady

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 reassured by stability in the foreign exchange market and saw inflation gradually falling.
Nigeria’s inflation drop reflects reality of consumption patterns — Cardoso
The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso said Nigeria’s current Consumer Price Index is reflective of the reality of consumption patterns. Cardoso made this known on Thursday during a press briefing at the end of the 299th Monetary Policy Meeting in Abuja.
Nigeria holds interest rate steady following inflation adjustments
Nigeria's central bank has kept its benchmark interest rate steady at 27.50%, according to Governor Olayemi Cardoso. ・Nigeria's central bank maintains benchmark interest rate at 27.50%. ・Inflation rate reported at 24.
Nigeria's inflation rate drops after statistics overhauled and updated
Nigeria's annual inflation rate stood at 24.48% in January, the statistics agency said on Tuesday, well down from the previous month's figure after the country's price index was rebased for the first time in more than a decade.
CBN retains Nigeria’s interest rate at 27.50% amid inflation drops
The Central Bank of Nigeria Monetary Policy Committee has retained the country’s interest rate at 27.50 percent in January, the same rate as in November last year amid inflation drops. It also retained the Cash Reserve Ratio,

Netherlands to Return 119 Benin Bronzes to Nigeria

Nigeria's central bank keeps main interest rate unchanged
Nigeria's central bank held its benchmark lending rate at 27.50%, its governor Olayemi Cardoso said on Thursday. The decision ...
Daily Post Nigeria17m
IBB Launches Nigeria’s Second Presidential Library, raises N17.5bn
Babangida Commends Abdul Samad Rabiu’s Early and Sustained Commitment to Project Nigeria’s former military president, General Ibrahim Badamasi Babangida ...
AllAfrica.com2h
Nigeria: Japan to Provide $3m to Nigeria Toward Combating Cholera Epidemic - Envoy
He added that there was also a grant of $5.4 million to enhance the country's agricultural and health capabilities in 2024.
Has Nigeria Turned a Corner? Investors Think So
Welcome to Next Africa, a twice-weekly newsletter on where the continent stands now — and where it’s headed. Sign up here to ...
Is Nigeria in danger of a coup? What the country should do to avoid one – political analyst
The sociopolitical and economic conditions that led to coups in other countries in west Africa are present in Nigeria.
AllAfrica.com1h
Nigeria: Rising Data Costs As Threat to Businesses, Digital Access in Nigeria
In recent months, Nigerians have been grappling with rising data prices as telecommunications companies increase their tariffs.
Vanguard4h
FG urges China to remove trade tariffs for Nigeria
The Federal Government has called on China to extend its recent trade tariff removal to Nigeria, as it has done for 33 other ...
businessday16h
cNGN: Nigeria’s First Regulated Stablecoin Explained
Nigeria has taken another bold step in digital finance with the introduction of cNGN, the country’s first regulated ...
Nigeria Inflation Slows After Data Rejig, Clouds Rates Path
Nigeria’s annual inflation rate fell in January after the statistics office revised the data used to calculate household ...