Chartered Institute of Bankers of Nigeria

Monetary policy and lending rate shifts in Nigeria

9 clusters · 48 sources · last updated 1 day ago

Latest: Nigeria banking sector faces scrutiny over recapitalisation and international earnings

In Nigeria, banking lending rates have begun to decline following a reduction in the Monetary Policy Rate (MPR). In August 2026, the average maximum lending rate dropped to 29.19 percent from 33.16 percent in July, follo

Professional inductions in Nigeria

2 clusters · 2 sources · last updated 4 days ago

Latest: Nigerian Institution of Civil Engineers inducts 79 new Fellows

Professional organizations in Nigeria have conducted induction ceremonies for new members in the banking and engineering sectors. In September 2026, the Chartered Institute of Bankers of Nigeria (CIBN) inducted 2,178 ne

Nigeria economic stability, FX inflows, and cost of living

25 clusters · 62 sources · last updated 23 days ago

Latest: Nigeria economic reforms spark hardship amid subsidy removal

By late September 2026, Nigeria’s macroeconomic landscape continued to show signs of stabilization following structural reforms, including fuel subsidy removal and foreign exchange liberalization. While real GDP growth r