CBN Projects Inflation Hike as Production Costs Rise
The Central Bank of Nigeria has warned that rising input costs across key sectors could spark a new wave of consumer price inflation, as businesses continue to absorb cost pressures that may soon become unsustainable.
This was disclosed...
Nigeria's Payment Surplus Balance Hits $6.83bn - CBN
The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year.
The BOP measures the country’s financial transactions with the rest of the world and how the...
