The Central Bank of Nigeria has cut its benchmark interest rate by 50 basis points to 26.5%, citing easing inflation, improved foreign exchange stability and stronger external reserves, while warning that fiscal pressures could still threaten…
Nigeria’s inflation rate has eased to 14.45 percent, outperforming President Bola Tinubu’s target of reducing it to 16 percent within his first year in office. The latest figures from the National Bureau of Statistics (NBS) reveal a steady…
Nigeria’s automotive import sector has witnessed a significant rebound, with vehicle imports valued at over N1 trillion in the first nine months of 2025. According to data from the National Bureau of Statistics (NBS), this marks a notable…
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