Monetary Policy – InfoStride News

Falling Inflation Raises Hopes for Monetary Policy Easing in Nigeria

Temitope Nlewemchi — Wed, 28 Jan 2026 17:02:42 +0000

Nigeria’s economy may be on the brink of a monetary policy shift as the country records another decline in inflation, sparking optimism among businesses, investors, and households that the Central Bank of Nigeria (CBN) could ease its tight monetary stance in the coming months. The latest figures from the National Bureau of Statistics (NBS) show [...]

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CBN Says Ongoing Monetary Reforms Are Driving Inflation Moderation and Stabilising Foreign Exchange Market

Temitope Nlewemchi — Sun, 23 Nov 2025 16:23:19 +0000

The Central Bank of Nigeria (CBN) has stated that its recent monetary reforms are beginning to yield positive outcomes, citing early signs of easing inflationary pressures and improving stability in the foreign exchange market. According to the apex bank, the policy measures introduced over the past months—including tightened monetary conditions, improved liquidity management, enhanced market [...]

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Central Bank of Nigeria Seeks Public Input on Recent Monetary Policy Decisions

Ifeanyi Nwagboso — Mon, 04 Mar 2024 09:00:17 +0000

The Central Bank of Nigeria (CBN) has invited Nigerians to provide feedback on the outcomes of its 293rd Monetary Policy Committee (MPC) meeting, which took place recently. In a post on its official handle onCentral Bank of Nigeria Seeks Public Input on Recent Monetary Policy Decisions Monday, the CBN encouraged the public to share their [...]

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Tinubu’s Advocacy for Lower Interest Rates to Challenge CBN’s Monetary Policy Tightening Stance

Temitope Nlewemchi — Tue, 23 Jan 2024 13:24:46 +0000

In a notable move, Bola Tinubu’s expressed preference for lower interest rates has set the stage for a potential test of the Central Bank of Nigeria’s (CBN) stance on tightening monetary policy. This advocacy by the influential political figure signals a nuanced approach to economic policy, particularly in the context of managing interest rates to [...]

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CBN Deputy Governors: Senate President directs Senate Committee on Banking and Finance to begin Screening Process

Ade Adewale — Tue, 13 Mar 2018 23:31:29 +0000

The President of the Nigerian Senate, Dr. Abubakar Bukola Saraki, today directed the Senate Committee on Banking and Finance, chaired by Senator Rafiu Ibrahim, to begin the process of screening the 2 nominees for Deputy Governor of Central Bank of Nigeria. Speaking after a Point of Order raised by Senator Rafiu Ibrahim, which stated that [...]

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6 Major Takeaways from Senator Saraki’s Economic Speech

Ade Adewale — Tue, 20 Sep 2016 20:49:10 +0000

On Tuesday, September 20th, the Senate resumed its plenary activities after its yearly recess. For his resumption speech, the Senate President, Dr. Abubakar Bukola Saraki, delivered opening remarks that centred solely around the economy. Saraki stated that over the next few months, the focus of the Senate would be to save Nigeria’s economy from collapse. [...]

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Naira Debit Cards Can No Longer Be Used Outside Nigeria Due To Abuse And Illegal Foreign Transfer – CBN

Wale Adebayo — Fri, 25 Dec 2015 00:34:42 +0000

Mr Moses Tule, who is the Monetary Policy Director at the Central Bank of Nigeria (CBN), has defended why the apex bank has placed restriction on the use of Naira Debit Cards abroad. Speaking at an interactive session with journalists in Abuja, Mr Tule said that Naira Debit Cards can no longer be used outside the country due [...]

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Global Risk Insights: Nigeria’s New Cabinet Faced with a Difficult Task Ahead

Ade Adewale — Sat, 21 Nov 2015 14:17:17 +0000

Nigeria awaits the third-quarter growth statistics set to be released later this month. However, irrespective of the figures, the new economic team is confronted with the hard task of fixing the economy. While Nigeria awaited President Mohammed Buhari’s cabinet, the absence of an economic team, especially a finance minister, left a vacuum for economic policy [...]

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