What CBN’s interest rate hike means for you
The Central Bank of Nigeria (CBN) on Tuesday announced a new interest rate in a bid to fight inflation and strengthen the Naira. Here's...
CBN expected to raise interest rate further as naira strengthens
The Central Bank of Nigeria will announce its latest interest rate decision today, a month after delivering a huge increase of 4 percentage points...
As naira gains, Nigerians promptly ask: When will prices drop?
A surge in the value of the naira has sparked a wave of optimism and a pointed question from Nigerian consumers: when will this...
Nigeria inflation crosses 30% mark — highest in 28 years
Consumer prices rose 31.7 percent in the year through February, an uptick in the inflation rate, above 29.9 percent the previous month. It is...
Goldman Sachs bets big on naira, sees big gain soon
Global investment bank Goldman Sachs is bullish on the naira, predicting significant appreciation in the coming months.
The bank’s analysts see the naira appreciating to...