CBN Cuts Monetary Policy Rate to 27%, Lowers Cash Reserve Ratio

Nigeria's-Net-Foreign-Exchange-Inflow-Drops-by-2.97%-in-Q3-2024 frontpage news

Nigeria’s economy has felt like it was running on fumes. For months, for years even, inflation has hovered like a storm over every market stall, every utility bill, every monthly budget. Eyebrows rose when the central bank kept rates steep despite discontent. And then came today: in its 302nd Monetary Policy Committee meeting, the CBN […]