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 ...

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

The Central Bank of Nigeria (CBN) has confirmed that the 299th meeting of its Monetary Policy Committee (MPC), initially scheduled ...

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

Steve Coogan spared driving ban after plea to save new series of The Trip with Rob Bryson Scientists have just discovered a brand new continent Google scraps diversity hiring goals and cites Trump’s ...

A liquidity crisis might be brewing as data shows that banks borrowing from CBN has grown almost five times within one week, ...

The Bank of England has cut its base interest rate from 4.75 per cent to 4.5 per cent, marking a shift in monetary policy as it seeks to support economic growth.The move, a quarter percentage point ...

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

Deposit Money Banks' liquidity deposits with CBN rOse by 627.17% to N9.39tn, reflecting improved financial stability in the ...

Nigeria's central bank raised its benchmark lending rate by 25 basis points to a new record high of 27.50% on November 26th, 2024, marking the sixth consecutive hike this year. The decision was ...