CBN Cuts Interest Rate to 26.5% as Inflation Slows
The Central Bank of Nigeria (CBN) has reduced its benchmark interest rate by 50 basis points to 26.5%, signalling growing confidence that inflationary pressures are easing and economic stability is
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Nigeria’s inflation eases to 20.12% in August
Nigeria’s headline inflation eased to 20.12% in August 2025, down from 21.88% in July, the National Bureau of Statistics (NBS) reported on Monday. This represents a 1.76-percentage-point drop, the first
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