Dossier
Nigeria's central bank
Coverage of Nigeria's central bank in the Nexus archive.
- Inflation in South Africa, Nigeria increasingly diverging
Inflation trends in South Africa and Nigeria are diverging, with Nigeria's consumer price increases cooling to 15.9% in June and its central bank maintaining unchanged policy rates, while South Africa faces rising inflation prompting Goldman Sachs to raise its 2026 forecast. Analysts anticipate Nigeria may resume rate cuts in September, contrasting with South Africa's upcoming interest rate decision.