Tag: CBN monetary policy

Nigeria liquidity surge hits ₦5.8tn as policy transmission weakens, FX pressure deepens

Business Damilola Bayonle -
Nigeria liquidity surge hits ₦5.8tn as policy transmission weakens, FX pressure deepens Nigeria’s banking system liquidity has remained above ₦5.8...

Nigerians repay N1.33tn in personal loans as high interest rates slow consumer borrowing

Business Damilola Bayonle -
Household borrowing in Nigeria declined significantly over the past year as millions of consumers reduced their exposure to personal...

Manufacturers eye credit boost as bank lending falls to N7.09tn amid tight monetary conditions

Business Damilola Bayonle -
Manufacturers eye credit boost beyond N7.09tn as lending pressures persist Manufacturers across Nigeria are expressing cautious optimism about improved access...

FX reserves add $4.39bn in one year — Nigeria’s economic boost

Business Damilola Bayonle -
FX Reserves Add $4.39bn in One Year as Nigeria Strengthens External Position Nigeria’s foreign exchange reserves rose by $4.39 billion...

Naira Forecast: Analysts predict naira to end 2025 between ₦1,400-₦1,450 per dollar

Business Damilola Bayonle -
The outlook for Nigeria’s local currency has brightened as financial analysts project that the naira will close the year...

Nigeria’s inflation rate falls to 18.02% — six-month decline economic optimism

Business Damilola Bayonle -
Nigeria’s inflation rate recorded a significant slowdown in September 2025, dropping to 18.02 percent, according to the latest report...

MPC shift signals first policy easing since COVID as CBN cuts benchmark rate

Business Damilola Bayonle -
For the first time since the outbreak of the COVID-19 pandemic in 2020, the Monetary Policy Committee (MPC) of...

IMPI projects powerful 17% inflation drop before year-end

Business Damilola Bayonle -
The Independent Media and Policy Initiative (IMPI) has projected that Nigeria’s inflation rate will fall to 17 per cent...

MPC Holds Rate, Sparks Debate Over Inflation Risks

Business Damilola Bayonle -
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has once again retained the Monetary Policy...

Inflation Drops to 22.22% in June, Lowest Rate Recorded in 2025

Business Damilola Bayonle -
Nigeria’s headline inflation rate eased to 22.22% in June 2025, marking the third consecutive month of decline and the...

FG, World Bank Clash Over N54.9tn Budget Funding

Business Damilola Bayonle -
In a high-stakes clash of economic perspectives, the World Bank has raised red flags over the Federal Government’s record...

W’Bank: Tight Monetary Policy to Cut Nigeria’s Inflation to 22.1%

Business Damilola Bayonle -
The World Bank has projected that Nigeria’s inflation rate will decline to an average of 22.1 percent in 2025,...