Since assuming office in September 2023, Governor Olayemi Cardoso has implemented several bold monetary policy reforms aimed ...

Since assuming office in September 2023, Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has taken aggressive steps to stabilise the economy as his administration has focused on curbing ...

The Central Bank of Nigeria (CBN) has shifted its 299th Monetary Policy Committee (MPC) meeting, initially set for February ...

Banks’ borrowing from the  Central Bank of Nigeria, CBN, rose sharply by 395.2 percent week-on-week (WoW) to N4.72 trillion last week from N953.11 billion the previous week.

The naira devaluation and government borrowing have pushed money supply growth by 51 percent in one year, according to ...

The naira has sustained rally at both official and parallel markets, with the local currency, reaching its strongest level in ...

SAMI TUNJI examines Nigeria’s rising inflation crisis, the impact of excess liquidity, among other factors, further spotlighting efforts by the Central Bank of Nigeria to curb it through monetary ...

Experts warn that the high interest rate spread in Nigerian banks might hurt the nation’s economy by 20 to 30 percent, making ...

According to data from the Nigeria Inter-Bank Settlement sector, there were 311.65 million active accounts in the Nigerian ...

In South Africa, the interest rates decisions are taken by the South African Reserve Bank’s Monetary Policy Committee (MPC). The official ... are closer to 4.5%, with upside risks, especially ...

Several streaming providers have already increased monthly and/or annual subscription rates, continuing a ... AMC Networks reported a 5 percent increase in streaming subscribers compared to ...

The latest quarter percentage point, or 25 basis points, rate hike by the Fed will likely cause a 0.25% increase in your credit card interest rate. This means that if your interest rate is 15.25% ...