Inflation Forecast to Hit 15.95% in Sceond Straight Monthly Rise
Nigeria’s cooling inflation era has hit a significant geopolitical roadblock. After nearly a year of steady decline, headline inflation is projected to climb for the second consecutive month, reaching 15.95 per cent in April 2026.
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Four Nigerian banks, Access Bank, Union Bank, Stanbic IBTC, and Fidelity Bank , have published details of 321,181 dormant accounts following a directive from the Central Bank of Nigeria (CBN).
The Central Bank of Nigeria has raised concerns over growing governance, compliance, operational and technological risks confronting the country’s non-interest financial services industry, warning that failure to effectively manage the challenges could undermine public confidence and financial stability.
At the peak of the turbulence, the challenge before the Central Bank of Nigeria was not simply to inject liquidity into the system, but to restore trust in the market.
