CBN FX reforms lift Nigeria’s reserves to $50.45bn and stabilise the naira, though analysts warn gains remain vulnerable to inflation and external shocks
RBA cash rate 3.6% held steady as inflation rises but economic growth remains moderate, keeping rate cuts or hikes off the table for now
Nigeria currency outside banks jumped to N4.646tn in October, signalling rising withdrawals and tighter liquidity as the CBN works to stabilise inflation.
Cash Outside Banks surges as CBN data shows a sharp rise in October withdrawals, deepening liquidity strain and challenging monetary control
CBN interest rate hold sees MPC retain 27 per cent as policymakers adopt a cautious stance amid fragile economic indicators