Bendada.com - May 20, 2025
Nigeriaโ€™s Central Bank holds rates steady at 27.50% as inflation cools
Nigeria's Central Bank keeps benchmark interest rate unchanged at 27.50%. Headline inflation eased to 23.71%, supporting the decision to pause rate hikes.
Bendada.com - May 06, 2025
Cardosoโ€™s CBN cuts government advances by 58%, signaling new fiscal discipline
Governor Yemi Cardoso leads the Central Bank of Nigeria in reducing direct lending to the federal government. Ways and Means advances decreased by 58% to โ‚ฆ3.26 trillion in 2024 from โ‚ฆ7.94 trillion in 2023.
Techpoint Africa - Feb 26, 2025
A Flutterwave IPO could be the boost Nigeria's stock exchange needsย to attract younger investors
Flutterwave executives visited President Bola Ahmed Tinubu to discuss a potential IPO on the NGX. Speculation about Flutterwave's IPO has increased following discussions with the Nigerian president.
Bendada.com - Feb 20, 2025
No pressure, Cardoso: CBN holds rate at 27.50%
Nigeria's Central Bank maintains the benchmark interest rate at 27.50%. This decision marks the end of a rate-tightening cycle initiated in September 2023.
Techpoint Africa - Sep 10, 2024
Nigerian government launches โ‚ฆ100 million AI Fund for startups in partnership with Google
Launch of a โ‚ฆ100 million fund for AI startups in Nigeria. Collaboration between the Federal Government and Google.