Search

Nigerian Central Bank Signals Potential Slowdown in Rate Hikes

Allen dreyfus Logo
© Allen Dreyfus
  • CBN hints at easing monetary rate hikes pending economic developments
  • Analysts predict continued tight monetary policy in the near term

 

The Central Bank of Nigeria (CBN) has indicated it may soon be able to slow down the hike of its monetary policy rate, a move that has defined its stance in the first half of the year. However, this process will depend on developments in the economy, the bank explained.

Recent Business

Peanuts. Photo by Abril Chavira @ Unsplash
Senegal allows peanut seed exports for 2026 amid farmer losses
Read More »
Coffee @ Pixabay
Rwanda coffee export earnings hit record high as volumes and prices surge
Read More »
Forex trading using smartphones and laptops. Photo by Marga Santoso @ Unsplash
Is Africa’s FX calm a dangerous illusion for emerging-market investors?
Read More »

Recent Politics

Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Uganda’s disputed election under Museveni deepens East Africa concerns
Read More »
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 »

Latest Posts

Latest news insights