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

Inflation in Nigeria is expected to experience a significant decline in 2025 as the impact of Cen­tral Bank of Nigeria (CBN), reforms continue to drive growth and development in key sectors of the ...

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 things worse for people and companies whose purchasing power has ...

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% ...

Alberto Pezzali/PA Wire Morgan Stanley expects the Bank of England to cut interest rates five times in 2025 in an attempt to support a stuttering economy. The US investment bank slashed its growth ...

Morgan Stanley has forecast that the Bank of England will implement five interest rate cuts in 2025 to bolster a faltering ... The analysts highlighted a "limited hiring appetite" even before the ...