CBN: Economy Improving But More Work Needed
CBN Deputy Governor Emem Usoro reports inflation at 16.05%, naira below ₦1500/$ but says Nigerians yet to feel relief. Calls for fiscal-monetary policy alignment.
CBN Deputy Governor Emem Usoro reports inflation at 16.05%, naira below ₦1500/$ but says Nigerians yet to feel relief. Calls for fiscal-monetary policy alignment.
Asian stocks climbed as renewed US interest rate cut expectations calmed markets after a turbulent week driven by AI bubble fears. Key inflation data due this week.
US holiday spending expected to reach $1 trillion despite inflation concerns. Online sales surge 5.3% as AI transforms shopping habits. Read more about this economic paradox.
Economic experts advise the Nigerian government to reduce the Monetary Policy Rate and maintain policy consistency to stimulate investment and boost sustainable growth.
IMPI reveals Nigeria's PMI expansion for 11 months straight has driven inflation down to 16.05%. Think tank maintains 14% year-end projection and expects MPC rate cut. Read full analysis.
Naira strengthens against US dollar after recent decline, closing at N1,452.13. Nigeria's foreign reserves hit $46.7 billion, highest in 7 years. Traders expect continued volatility despite positive indicators.
Naira declines against US dollar despite Nigeria's foreign reserves reaching $46.7bn, a seven-year high. CBN Governor confirms economic improvements amid inflation slowdown. Read more.
LCCI Director General Dr Chinyere Almona expresses concern over Nigeria's persistent food inflation despite cooling headline rates. Urgent government action needed to improve food security.
Nigeria's housing sector faces severe inflation challenges. Discover how professional valuation helps investors navigate risks in Lagos, Abuja, and Port Harcourt markets. Learn key strategies.
Comprehensive analysis of Nigeria's economic challenges including inflation, unemployment, and corruption with expert solutions for sustainable growth and development.
Nigeria's foreign exchange inflows dropped to $672.30 million despite naira strengthening in both official and parallel markets. Foreign portfolio investors remain key dollar suppliers as analysts warn of speculative risks.
Nigeria's inflation rate declines to 16.05% in October 2025, marking the seventh consecutive monthly drop. Food inflation shows significant improvement year-on-year.
Nigerians celebrate as garri prices drop over 50% following cassava abundance. Inflation falls to 16.05%, nearing Tinubu's 2025 target. Read market details and expert analysis.
Nigeria's inflation rate declines to 16.05% in October 2025, marking the seventh consecutive month of decrease. Food inflation shows significant improvement while urban areas face slight pressure.
Nigeria's inflation rate declines to 16.05% in October 2025 as food prices drop and naira strengthens. Farmers lament crashing prices while government nears 15% target.
Nigeria's inflation rate drops to 16.05% in October 2025, marking the lowest level since 2017. Discover how food prices and policy changes are driving this positive trend.
Nigeria's inflation rate declines to 16.05% in October 2025, marking seventh consecutive month of decrease. Food prices show moderation. Read latest economic update.
The EU has revised its 2026 eurozone growth forecast down to 1.2% due to global trade tensions. Inflation is expected to fall below the ECB's target. Discover the full economic impact.
European Commission revises eurozone growth downward to 1.2% for 2026 as trade tensions persist. Inflation expected to rise to 1.9%. Stay informed on economic developments.
CBN's aggressive 875bps interest rate hikes in 2024 dramatically increased demand for fixed income instruments while crowding out private sector borrowing. Discover key market impacts.
Venezuela faces return to hyperinflation with IMF projecting 548% inflation for 2025. Citizens struggle as bolivar collapses and US sanctions bite. Read full analysis.
Nigeria's naira recovers against USD, trading at N1441 after external reserves surge to $43.4bn. Market sentiment improves as blocked funds decline. Read latest FX updates.
Lagos State introduces 25% subsidy on rice, beans, garri and other essentials ahead of Christmas. Governor Sanwo-Olu's initiative aims to ease cost of living during festive season.
Nigeria's active electricity customers increased to 11.96 million in August 2025, with a metering rate of 55.01%. Discover the latest NERC data and which DisCos are leading.
Nigerian naira shows minimal movement across forex markets as external reserves reach $43.34 billion. Expert analysis reveals stability outlook amid fluctuating dollar supply.
Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.
Explore the silent crisis gripping Nigerian universities as graduates face unemployment despite quality education. Discover why knowledge no longer pays in today's economy.
The Bank of England maintains interest rates at 5.25% amid inflation concerns. Discover how this decision impacts mortgages, savings, and the UK economic outlook.
The Nigerian naira has reversed its recent gains, depreciating significantly against the US dollar across both official and parallel markets. This latest development raises concerns about currency stability and economic recovery efforts.
Nigeria's Monetary Policy Committee faces tough choices as inflation soars and economic growth slows. Experts analyze potential outcomes ahead of crucial rate decision.