The Central Bank of Nigeria has disclosed that the federal government raised N2.72 trillion through Nigerian Treasury Bills in the first two months of 2025, marking an 8.6% decline from the N2.97 trillion raised during the same period in 2024.…
A member of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), Murtala Sabo Sagagi, has identified excessive government spending as a major obstacle to effective monetary policy implementation in Nigeria According to Sagagi in the newly released personal…
After years of economic turbulence, Nigeria’s financial outlook for 2025 is beginning to look promising, with experts predicting a stabilisation of the naira, a decline in inflation, and a reduced Monetary Policy Rate (MPR). These optimistic projections stem from a…
President Bola Tinubu has hailed what he said is the disciplined approach adopted by the Central Bank of Nigeria (CBN) to monetary policy management which he said is responsible for ensuring stability and predictability in foreign exchange market. This discipline,…
By Esther Agbo The Central Bank of Nigeria (CBN) is facing the dual challenge of controlling inflation while managing the rising cash flow in the economy, as highlighted in its latest Money and Credit report. In July 2024, currency held…
A financial expert, Mr Eddie Osarenkhoe, has advised the Federal Government to align its fiscal policy with the Central Bank of Nigeria’s monetary policy to achieve economic stability. Osarenkhoe, the immediate past President of Finance Houses Association of Nigeria (FHAN),…
…As increased inflation rate may trigger another hike in rates ahead of next meeting More details have emerged from the last Monetary Policy Committee (MPC) meeting held in February that raised the Monetary Policy Rate (MPR) and Credit Reserve Ratio…
Some stakeholders have urged the Central Bank of Nigeria (CBN) to exercise caution in its reversal of certain monetary policy decisions. The stakeholders made the call against the recent reversal of the policy banning sale for foreign exchange to importers…
By Sodiq Adelakun Experts have revealed that the suspension of Nigeria’s Central Bank Governor by President Bola Tinubu, will usher in the much needed monetary policy reform and strengthen exchange rate at the parallel market. Recall that President Tinubu, on…
The Central of Nigeria has announced its Monetary Policy Committee meeting schedule. News Men reports this is according to information obtained from CBN’s website on Tuesday. Accordingly, the apex bank stated that the two-day meeting would be held from 20…
