- CBN retains interest rate at 26.5% Premium Times —
- BREAKING: CBN retains interest rate at 26.5% Punch —
- Breaking: CBN retains monetary policy rate at 26.5% Vanguard News —
- UK Inflation Falls to Lowest Rate in Over a Year (Video) Bloomberg —
- UK inflation rate falls to 2.8% despite rising cost of fuel ITV —
- Inflation drops back by more than forecast as energy offsets Iran war fuel hit The Standard —
- Inflation drops back by more than forecast as energy offsets Iran war fuel hit The Argus —
- UK inflation eases more than expected to 2.8%, led by lower electricity and gas bills – business live The Guardian —
- BREAKING: Inflation falls by more than expected 📹 Sky News — · 5min
- Inflation falls to 2.8% in April in boost to UK economy and Rachel Reeves The Standard —
- UK Inflation Drops Sharply in Respite from Iran Energy Shock Bloomberg —
- UK inflation slows to 2.8% as energy price cap softens impact of rising fuel costs The Guardian —
- UK unemployment rises to 5 per cent while rate of wage increase falls Stoke Live —
- Labour is accused of 'killing off' jobs as youth unemployment hits 12-year high Daily Mail —
- Impact of Iran war on UK economy laid bare as unemployment rates increase unexpectedly Manchester Evening News —
- Jobless rate rises and vacancies slump to lowest level in five years – ONS The Standard —
- UK unemployment unexpectedly rises to 5% as firms squeezed by Iran war The Guardian —
- Inflation hits 15.69% as food, transport costs surge Punch —
- Nigeria’s inflation rises to 15.69% in April as food prices remain elevated — NBS Premium Times —
- Nigeria Holds Key Rate as Iran War Drives Fuel Prices Higher Bloomberg —
Central Bank of Nigeria
Central bank
The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. The major regulatory objectives of the bank as stated in the CBN Act are to: maintain the external reserves of the country; promote monetary stability and a sound financial environment, and act as a banker of last resort and financial adviser to the federal government. The central bank's role as lender of last resort and adviser to the federal government has sometimes pushed it into murky political controversies. After the end of colonial rule, the desire of the government to become proactive in the development of the economy became visible, especially after the end of the Nigerian Civil War, the bank followed the government's desire and took a determined effort to supplement any show shortfalls, credit allocations to the real sector. The bank became involved in lending directly to consumers, contravening its original intention to work through commercial banks in activities involving consumer lending.
Also known as...
CBN and The central bank of Nigeria
Nigeria holds key interest rate