CBN monetary policy Archives - Independent Digital News Network

Nigeria’s overnight lending rate falls 100 bps

Nigeria’s overnight lending rate fell by 100 basis points this week, reflecting excess liquidity after the CBN’s policy easing and growing confidence in monetary stability.

Nigeria inflation rate cut likely as MPC meets after fifth month of decline

IDNN4 months ago4 months ago0

By IDNN Economy Desk Nigeria’s inflation slowed for a fifth consecutive month in August, dropping to 20.12% from 21.88% in July, according to the NBS....