Nigeria inflation isn’t cooling; at nearly 30% in January
Nigeria consumer prices rose further in January to nearly 30% as inflation shows no sign of cooling amid growing hardship across the country.
Inflation rose...
New UK pact aims to encourage British schools to offer programmes in Nigeria
The UK will today (Tuesday 13 February) sign a partnership with Nigeria to boost trade and investment and unlock new opportunities for UK and...
Dollar: Former statistician-general Yale faults CBN’s demand control moves
Former Nigerian statistician-general Yemi Kale has faulted the Central Bank of Nigeria's (CBN) approach to stabilizing the naira by moderating dollar demand.
Mr Kale said...
Shell, Dangote supplies push Nigeria closer to home-made fuel
Nigeria has moved closer to restarting fuel refining and production at home, potentially shutting a major drain of its foreign exchange that has nearly...
CBN offers investors more returns on short-term debt to attract dollars
The Central Bank of Nigeria significantly raised interest rates on short-term debt offerings on Wednesday, according to data from Bloomberg.
This move aims to:
Reduce...