CBN Rejects Interventionist Policies, Backs Orthodox Strategy
By Oluwkaemi Kindness The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the bank will not return to interventionist measures that previously weakened policy credibility. This is as he reaffirmed the apex bank’s commitment to orthodox monetary policy, transparency, and evidence-based decision-making. Cardoso stated this during the opening session of the Monetary Policy […]
Eid-el-Kabir : Travelers Lament High Fares, Insecurity
By Sofiat Adenekan-Abdul By 6:30 a.m, Nyanya Motor Park in Abuja was already overflowing with passengers struggling to secure seats to different parts of the country for the Eid-el-Kabir celebrations. Children clung to bags almost their size. Mothers sat on worn benches fanning themselves against the morning heat, while drivers shouted destinations over the noise […]
CBN Holds Interest Rate at 26.5% Amid Rising Inflation Concerns
By Oluwakemi Kindness The Central Bank of Nigeria has retained the benchmark interest rate at 26.5 percent as authorities continue efforts to rein in inflation and stabilise the economy. The decision was announced on Wednesday by the CBN Governor, Olayemi Cardoso, after the 305th meeting of the Monetary Policy Committee in Abuja. Cardoso said all […]
G7 Talks Focus on Middle East Crisis
By Oluwakemi Kindness Finance chiefs from the world’s leading economies are meeting in Paris for crucial talks as rising tensions in the Middle East continue to shake global economic confidence. The two-day meeting of the Group of Seven, also known as the G7, is being hosted by France, which currently holds the group’s rotating presidency. […]
Nigeria’s Inflation Eases to 15.10% in January 2026 – NBS
By Oluwakemi Kindness The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate declined marginally to 15.10 per cent in January 2026, down from 15.15 per cent in December 2025. The slight drop according to the NBS on Monday came despite earlier projections by analysts that inflation could rise to 19 per cent in […]