Topic
monetary policy
FMDQ Turnover Hits N551.23 Trillion in Nine Months as FX and OMO Bills Take 64%
FMDQ turnover reached N551.23 trillion from January to September 2026, with FX and CBN OMO bills making up 64% and three banks handling 42.7% of the total.
Uganda Shilling Hits Record Low Near Shs4,250/$ as Central Bank Returns to Dollar Sales
The Uganda shilling fell to a record low near Shs4,250 per dollar, wiping out the gains from a 225-point rate hike. Why it is sliding and what comes next.
Nigeria Private Sector Credit Falls N537.6bn in September Despite the CBN's Biggest Rate Cut Since 2006
Nigeria's private sector credit fell N537.6bn to N83.93trn in September, even after the CBN's 350bp rate cut. What is holding back bank lending in Nigeria.
Nigeria Money Supply Jumps N7.5 Trillion in September to N146.6 Trillion
Nigeria money supply rose 5.4% in September to N146.6 trillion after a flat August, CBN data show. What drove the jump and what it could mean for inflation.
South Africa Inflation Rises to 4.5% as Transport Costs Jump 10.8%
South Africa inflation rose to 4.5% in September from 4.4%, driven by a 10.8% jump in transport costs, keeping prices well above the SARB's 3% target.
Nigerian Banks Park N6 Trillion at the CBN After N2.4 Trillion OMO Repayment
Nigerian banks' CBN deposits topped N6 trillion after a N2.41trn OMO repayment, as the DMO rejected about 74% of bids at its latest Treasury bill auction.
Nigeria-China Payments: CBN's Cardoso Takes Settlement Talks to Beijing
Nigeria-China payments are on the CBN's agenda as Governor Cardoso plans Beijing talks on settlement, fintech and trade finance with the People's Bank of China.
Nigeria Inflation Falls to 14.63%, Its Lowest Since 2025, but Living Costs Still Bite
Nigeria inflation eased to 14.63% in September, the lowest since 2025, yet food inflation stayed near 19.6% and households say prices are still too high.
CBN 350bps MPR cut to drive equities demand as investors rotate from fixed income
The CBN's record 350bps rate cut to 23% is set to push investors from fixed income into equities — here's what's driving the shift and what to watch.
African Central Banks Hold the Line as Inflation Shapes Rate Decisions
Nigeria, South Africa and Kenya kept their benchmark interest rates unchanged as policymakers balanced inflation risks against economic growth. The decisions highlight the different pressures facing three of Africa's largest economies.
BEAC Rate Decision: What Central Africa's Monetary Policy Means for Borrowing, Investment and the FCFA
The Bank of Central African States sets monetary policy for six CEMAC nations. Its decisions reach corporate borrowing costs, government financing and the investment climate across a region of roughly 55 million people.