Obi & Adetilewa Adebajo The interest rate spread is the difference between the interest rates charged on loans and the ...

Over the past few years, from 2023 to 2025, interest rate spreads in Nigerian banks have notably increased, reaching a record high from ...

At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...

Commercial and merchant banks increased their deposits to CBN by 627.17%, amounting to N9.39 trillion in January 2025, ...

As banks are geared up to meet the new CBN requirements, analysts expect that a few banks may consider downgrading their ...

High interest rate spread in Nigerian banks could potentially drag the country's economy by 20 to 30 percent, adding more ...

Experts have warned that Nigeria's high interest rate spread and 50% Cash Reserve Ratio are stifling Nigeria’s economic growth ...

Banks are beginning to reduce their interest rates on foreign exchange (FX) deposits as dollar supply improves. Olusegun ...

South Africa, Kenya and Egypt’s central banks are among the eight likely to cut interest rates. Nigeria, Ghana and Mozambique ...

In the coming month, African central banks representing nearly three-quarters of the continent's GDP are expected to adopt varying approaches to interest rates. Factors influencing these decisions ...