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Central Bank of Nigeria Cuts Benchmark Rate by 350 Basis Points as Inflation Eases to 15.39%
Economy

Central Bank of Nigeria Cuts Benchmark Rate by 350 Basis Points as Inflation Eases to 15.39%

Nigeria's headline inflation eased for a third straight month to 15.39% in August 2026, prompting the Central Bank of Nigeria to cut its benchmark rate by 350 basis points.

Thabo Nkosi· Nigeria· 24 Sept
A Wave of African Rate Decisions Reshapes the Region's Monetary Map
PoliticsAnalysis

A Wave of African Rate Decisions Reshapes the Region's Monetary Map

A wave of African interest-rate decisions has reshaped the region's monetary landscape, with Ghana, Mauritius, Nigeria, Egypt and Rwanda each calibrating policy to their own realities.

Nadia Hassan· Ghana·