Inflation Rate Predicted to Rise to 32.63% in March 2024 - CBN Official The Deputy Governor of the Central Bank Nigeria (CBN), Muhammad Sani Abdullahi, has predicted that Nigeria's inflation rate is expected to surge to 32.63% in March 2024. Mr. Abdullahi delivered this prediction...

Global Money Week: CBN Takes Financial Literacy Training to Secondary Schools   The Central Bank of Nigeria (CBN) on Thursday took its financial literacy programme to secondary schools to educate students on how to manage their finances responsibly and secure their financial future. Mr. Nuhu Othniel, Acting...

Global Money Week: CBN Takes Financial Literacy Training to Secondary Schools   The Central Bank of Nigeria (CBN) on Thursday took its financial literacy programme to secondary schools to educate students on how to manage their finances responsibly and secure their financial future. Mr. Nuhu Othniel, Acting...

Naira Rises by 4.55% after CBN Clears Outstanding FX Backlog Following the Central Bank of Nigeria's (CBN) clearance of outstanding foreign exchange orders, the naira has appreciated by 4.55% to N1,492.61 per dollar. This marks a significant strengthening of the currency on the Nigerian Autonomous...

MPC Warns against Excess Cash as COB Rises 314% to N3.28tn in 2024 Members of the Monetary Policy Committee of the Central Bank of Nigeria have blamed the excess cash in circulation for the accelerating inflation in the country. They stated that currency outside banks grew...

MPC Warns against Excess Cash as COB Rises 314% to N3.28tn in 2024 Members of the Monetary Policy Committee of the Central Bank of Nigeria have blamed the excess cash in circulation for the accelerating inflation in the country. They stated that currency outside banks grew...