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

High interest rate spreads often signal structural inefficiencies, heightened risks, or restrictive monetary conditions, all of which ...

FBN Holdings recorded a 154.5 percent rise in net interest income, driven primarily by the continuous hike in the monetary policy ...

Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...

Resolving the high interest rate to deposit spreads in Nigeria requires a multifaceted approach. To start, the Central Bank of Nigeria (CBN) can play a crucial role by implementing policies that ...

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

The Central Bank of Nigeria (CBN) has increased the exchange rate for clearing goods at the nation's ports as Nigeria Customs ...

Nigeria may struggle to attract foreign capital due to negative real interest rates, hindering economic growth.

Some of the reforms put in place by Olayemi Cardoso, governor of the Central Bank of Nigeria, are starting to pay off as ...

Nigeria may not see significant foreign funds inflow this year because of its negative real interest rates resulting from ...

The Bank of Canada on Wednesday further cut its interest rate by 25 basis points, bringing the country's monetary policy rate ...

The Bank of England was widely expected to cut its key interest rate on Thursday to help support weak British growth even if UK inflation stays elevated. The Bank of England cut in August for the ...