Finance

July 19, 2022

CBN raises monetary policy rate for the second time this year

As a result of rising inflation, the Monetary Policy Committee of the Central Bank of Nigeria unanimously agreed to raise the benchmark interest rate, also known as the monetary policy rate, fro...

Investing

March 28, 2022

February 2022 Records a Fall in the Circulation of Nigeria’s Currency by N37.84 billion

Nigeria's currency in circulation declined by N37.94 billion in February to N3.25 trillion, down from N3.29 trillion in January 2022. On a month-to-month basis, this reflects a 1.2 percent decreas...