Tag: cbn

Naira rallies by 1.46% as stronger FX inflows ease pressure

The naira strengthened against the United States dollar in August, with the average exchange rate appreciating by 1.46…

FG to Publish Breakdown of Fuel Subsidy Savings, Defends Economic Reforms

The Federal Government has pledged to release a detailed account of how savings from the removal of fuel…

CBN Retains Interest Rate at 26.5% Again as Inflation Continues to Ease

The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.50 per cent, marking…

CBN Reduces Interest Rate To 26.50%

    The Central Bank of Nigeria has cut the interest rate by 50 basis points to 26.50…