Search

Naira Continues Slide Ahead of Central Bank Meeting

  • Naira falls in both official and parallel markets.
  • Eurobonds see increased yields as investors await the Central Bank’s MPC decision.

 

Abuja, Nigeria – Nigeria’s naira slumped in both official and parallel markets just days before the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) meeting next week.

Recent Business

Parked cars in a community. Photo by Sincerely Media @ Unsplash
Buying a used car in Morocco is exhausting - AI platform Choufli wants to fix the chaos
Read More »
Motor tricycle transport operator in Ghana. Photo by Kojo Kwarteng @ Unsplash
Can the Ghana Card wallet redefine Africa’s digital finance race?
Read More »
Over 500 Ethiopian drivers stranded at Djibouti Port. Photo by Ethiopian Heavy Truck Drivers Association/Facebook
Middle East shock: Kenya, Tanzania and Ethiopia’s fuel crisis is exposing East Africa’s energy fault lines
Read More »

Recent Politics

Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Will Kenya's new Gen Z uprising turn voter registration into a global youth political wave?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s oil paradox in the Iran war: windfall gains, inflation pain
Read More »

Latest Posts

Latest news insights