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

Cocoa farmer on the field. Photo by Charles William Adofo @ Unsplash
Ghana’s cocoa bond gamble: can Africa finance commodities without foreign banks?
Read More »
Meknes, Morocco Photo @ Unsplash
Morocco’s startup gamble challenges Africa’s private-sector innovation orthodoxy
Read More »
Kenya president William Ruto and Ghanaian leader John Mahama at the summit. Photo @John Mahama/Facebook
Why Africa pays more to borrow despite lower infrastructure default rates
Read More »

Recent Politics

French President Emmanuel Macron and Prime Minister Abiy Ahmed in Ethiopia. Photo @ Abiy Ahmed/X
Macron’s Ethiopia pivot deepens Horn tensions as Addis pushes controversial Red Sea ambitions
Read More »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Could Uganda’s sovereignty law become Africa’s next democratic flashpoint?
Read More »
The Prime Minister of India, Shri Narendra Modi visiting Sri Venkateswara Swamy Temple. Photo @ Wikimedia Commons
India’s Horn of Africa strategy has shifted: what it’s trying to do and how it could work
Read More »

Latest Posts

Latest news insights