The naira devaluation and government borrowing have pushed money supply growth by 51 percent in one year, according to ...

Banks’ borrowing from the  Central Bank of Nigeria, CBN, rose sharply by 395.2 percent week-on-week (WoW) to N4.72 trillion last week from N953.11 billion the previous week.

A member of the Central Bank of Nigeria ... increase in the monetary policy rate, arguing that a more aggressive approach was necessary to curb inflation. However, the majority of MPC members ...