Monetary Policy

The Central Bank of Nigeria (CBN) has once again raised its interest rate, increasing it by 25 basis points from...

Nigeria’s fiscal deficit continues to swell, with recent figures showing a budget deficit of 7.6% of GDP as of August...

The federal government of Nigeria’s fiscal deficit surged to N4.53 trillion in the second quarter of 2024, up from N3.88...

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has acknowledged that the rise in the interest rate...

Nigeria’s banking reserves surged to N26.8 trillion in August 2024, a substantial increase from N19.4 trillion a year earlier

Nigeria's money supply (M2) surged to a new high of N107.1 trillion in August 2024, marking a 0.75% month-on-month (M-o-M)...

Nairametrics reviewed the governor’s address and outlined the five key reasons behind the CBN’s decision to maintain its hawkish stance.

Financial experts have called for a pause on interest rate hikes to stabilize Nigeria's struggling economy.  

The Central Bank of Nigeria (CBN) has temporarily withdrawn its Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for the...

Murtala Sabo Sagagi, a member of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has expressed...