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CBN

African central bank illustration showing interest rates, inflation charts and currency market indicators for Nigeria, South Africa and Kenya.
African Equities

African Central Banks Hold the Line as Inflation Shapes Rate Decisions

Nigeria, South Africa and Kenya kept their benchmark interest rates unchanged as policymakers balanced inflation risks against economic growth. The decisions highlight the different pressures facing three of Africa's largest economies.

1 min read

Nigerian naira banknotes with a foreign-exchange trading screen showing the naira at ₦1,590 per dollar, against a dark Nigerian financial-market background with MarketPulse Africa
Currencies & Forex

The Nigerian Naira at 1,590: Currency Depreciation, Inflation and What Investors Need to Know

The naira has depreciated substantially since the June 2023 liberalisation. At roughly 1,590 to the dollar, the trajectory matters for anyone doing business in or with Africa's largest economy.

2 min read