A 10-year plan launched in Abuja aims to triple Nigeria's capital market and lift retail investors from six million to 20 million, with a new National Savings Scheme for small savers.
A Monday sell-off pushed US bond yields to a 19-year high and gold to a seven-week low. With the Fed hiking and the CBN cutting, here is why Nigerian savers and spenders should pay attention.
Updated 18:03 WAT, 1 Oct 2026: The US 10-year Treasury yield climbed to about 5.34% on Thursday, its highest since 2002, while gold edged higher after softer US inflation data. Updated 18:22 WAT, 30 Sep 2026: US inflation figures published on Wednesday came in below forecasts, cutting the odds of another Federal Reserve rate hike in October. The gold price…
The policy rate is now 23%. Here is what that could mean for your bank loan, fixed deposit, Treasury bills and investments in the months ahead.
When the Central Bank of Nigeria cut its Monetary Policy Rate (MPR) from 26.5% to 23% on 22 September, it made the headlines. But what does a central bank rate have to do with the money in your pocket? Here is a plain guide. What the MPR actually is The MPR is the CBN’s benchmark rate. Around it sits a…