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15% inflation target achievable in 2025 – Oyedele
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has expressed optimism about Nigeria’s inflation trajectory for 2025, asserting that the country could ...
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Nigeria’s FX reserves plunge by $832m in two weeks
Nigeria’s foreign exchange reserves have recorded a significant decline within two weeks this January, dropping by $832.62m between January 6 and January 21.Data from the Central Bank of Nigeria ...
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Banks lower rates on FX deposits as supply rises
Banks are beginning to reduce their interest rates on foreign exchange (FX) deposits as dollar supply improves.