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2 results for “central-bank-of-nigeria”

Nigeria's Inflation Eases to 14.63% in September as Food Prices Fall

The NBS said headline inflation dropped to 14.63% in September from 15.39% in August, with month-on-month food prices falling 1.55% and core inflation at 12.95% year-on-year.

Tunde Balogun4 hrs ago4 min read

Economy

IMF Backs CBN's 350bps Rate Cut, Says Monetary Stance Still Tight

The IMF said the CBN's cut of the policy rate to 23% was appropriate and 'the right thing to do', but stressed Nigeria's monetary stance remains tight and disinflation incomplete.

Emeka Okafor5 hrs ago4 min read