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

Offshore sunrise between the Crane and Communications tower on a Gas Platform. Photo by Dean Brierley @Unsplash
Congo’s oil surge drives record exports, masking structural fiscal risks
Read More »
Ghana's Independence Square, also known as Black Star Square. Photo by WyteShot @ Unsplash
Ghana’s treasury bill wobble: Early warning or market reset?
Read More »
Mobile money instant payment in Africa. Photo by Olumide Bamgbelu @ Unsplash
How Africa became the world’s mobile money powerhouse with $1.4 trillion transactions
Read More »

Recent Politics

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 »
A soldier in the war front. Photo by Stijn Swinnen @ Unsplash
Kenya halts recruitment into Russia’s war. Who gains and who loses?
Read More »

Latest Posts

Latest news insights