Norrenberger is a financial services company providing investment and advisory services in Nigeria.
Nigeria’s Central Bank holds rates thrice in a row
Olayemi Cardoso maintained borrowing costs at 27.50% during the third interest rate meeting. The Central Bank's decision was influenced by a recent easing in consumer prices.
Nigeria’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.
Nigeria’s inflation eases to 23.71%, reducing possible rate hike
Nigeria's consumer price inflation decelerated to 23.71% year-on-year in April. Food prices like maize, wheat, and yam contributed to the decline in inflation.
Cardoso’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 ₦3.26 trillion in 2024 from ₦7.94 trillion in 2023.
Nigeria’s inflation accelerates to 24.23% post-rebasing
Nigeria's inflation rate increased to 24.23% in March 2025, up from 23.18% in February. Food inflation decreased to 21.09% in March from 23.51% in February.
