CBN

The Crushing Weight of Inflation: Why Nigeria’s Low-Income Earners Bear the Brunt A recent inflation perception survey by the Central Bank of Nigeria (CBN) has laid bare the devastating impact of rising prices on the country’s most vulnerable economic segment. According to the data, about 68.4% of Nigerians earning below N70,000 monthly perceived inflation as […]Read More

The Nigerian Naira experienced a notable appreciation in the official foreign exchange market, firming up to N1,320 per US dollar on Monday, September 7. However, this gain was accompanied by a worrying trend: a massive contraction in market liquidity. Foreign exchange turnover in the Nigerian Foreign Exchange Market (NFEM) plunged sharply to a five-month low […]

“Stability is not everything,” the German economist and former finance minister Karl Schiller once observed, “but without stability, everything is nothing.” As Nigeria navigates the complex macroeconomic waters of mid-2026, this timeless piece of economic wisdom has never been more relevant. Over the past year, the Central Bank of Nigeria (CBN) has pursued price stability […]