January 30, 2025/CSL Research The Central Bank of Nigeria (CBN) recently published its December 2024 Inflation Expectation Survey, capturing perspectives from households and businesses across the country. The survey reveals that a majority of respondents perceive the current inflation rate as high. Notably, 83.5% of household respondents believe inflation is […]
OPINION/EDITORIAL
CBN’s New FX Code
January 29, 2025/CSL Research The Central Bank of Nigeria (CBN) has introduced a new Foreign Exchange (FX) Code to enhance liquidity, transparency, and guide participants in Nigeria’s foreign exchange market. Recognized as a global standard for best practices, the FX Code addresses risks in the country’s evolving financial landscape while […]
Nigeria Records Drop in Merchandise Trade, Sustains Net Trade Surplus in Q3 2024
January 28, 2025/FBNQuest Research The Central Bank of Nigeria (CBN) disclosed that the total value of Nigeria’s merchandise trade decreased by -3% quarter-on-quarter (QoQ) and -13% year-on-year (YoY) to US$22.8bn in Q3 2024 according to the Quarterly Statistical Bulletin (QSB). The sequential reduction in the nation’s trade position was primarily […]
