Tag: Naira stability

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IMF Endorses Economic Reforms, Urges Comprehensive Budget Overhaul

The International Monetary Fund (IMF) has commended Nigeria’s recent wave of bold economic reforms—particularly those spearheaded by the Central Bank of Nigeria (CBN)—but has...

CBN: FX Inflows via IMTOs Hit $4.76bn

Foreign exchange inflows into Nigeria through International Money Transfer Operators (IMTOs) surged by 44.49% to reach $4.76 billion in 2024, marking a significant recovery...

Naira Stability and Inflation: The CBN Monetary Policy Explained

The Central Bank of Nigeria (CBN) has taken a decisive step towards stabilizing the naira and curbing inflation, marking a significant shift in the...

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