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 by Zlaťáky @ Unsplash
DR Congo opens first gold refinery to enhance value addition
Read More »
Oil train. Photo by Jakub Pabis @ Unsplash
Iran war shock: Why Africa’s economies are suddenly in the firing line
Read More »
The Central Business District of Kigali, Rwanda. Photo by Andreas @ Pixabay
Rwanda’s Development Bank launches $17.7m sustainability-linked bond to deepen green finance
Read More »

Recent Politics

Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Can Museveni’s leadership and a new funding model rescue East Africa from chronic cash crises?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »
Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »

Latest Posts

Latest news insights