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

Pile of gold bullion coins and bars. Photo @Unsplash
Africa turns to gold as central banks rethink reserves
Read More »
Commercial transport waiting spot in Sierra Leone. Photo by Random Institute @ Unsplash
AfDB–OPEC Fund pact unlocks up to $2bn for Africa’s poorest economies
Read More »
Platinum Group Metal mines. Photo by Kurt Cotoaga @ Unsplash
Ivanhoe’s Platreef scale puts South Africa back at centre of global metals supply
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »
US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »

Latest Posts

Latest news insights