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

Solar farm. Photo by Michael Förtsch @ Unsplash
Econet bets on solar-powered industrial park to lure investment into Zimbabwe
Read More »
South Africa's manufacturing sector takes a dip. Photo by Sam Moghadam @ Unsplash
China–Ethiopia trade tops $13bn as Beijing deepens economic footprint in Africa
Read More »
Oil rig. Photo by WORKSITE Ltd. @ Unsplash
Could the US takeover of Venezuela’s oil upset Africa’s crude exports?
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