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Cardoso, Oyedele Back Single-Digit Inflation as Reserves Hit 18-Year High

BY NKECHI BAECHE-ESEZOBOR( BANGKOK, THAILAND)—The Central Bank of Nigeria Governor Olayemi Cardoso and Finance Minister Taiwo Oyedele have said bringing inflation down to...

Money

IMF Urges Governments to Fix Public Finances as Bond Yields Hit Multi-Decade Highs

BY NKECHI BAECHE-ESEZOBOR—(Bangkok, Thailand)— The International Monetary Fund (IMF) has urged governments to repair their public finances “before the cracks widen,” warning that...

Money

Breaking: CBN Launches Nigerian Overnight Financing Rate to Deepen Money Market

BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN), in collaboration with the Financial Markets Dealers Association (FMDA), has introduced the Nigerian Overnight Financing...