First rate cut since COVID: CBN eases to 27% as inflation slows

Nigeria’s Central Bank cuts its benchmark interest rate to 27% for the first time since COVID, as inflation slows.

Cardoso’s CBN cuts government advances by 58%, signaling new fiscal discipline

This reduction marks a significant departure from the previous era under former CBN Governor Godwin Emefiele.

No pressure, Cardoso: CBN holds rate at 27.50%

This marks an ending to a rate tightening cycle since CBN Governor Yemi Cardoso took office in September 2023