Nine leading Nigerian banks raked in a staggering combined interest income of N14.26 trillion in 2024, reflecting a sharp increase in borrowing costs for businesses, especially...
The Central Bank of Nigeria (CBN) has announced the appointment of 16 new directors across key departments in a significant leadership shake-up aimed at strengthening regulatory...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the country’s interest rate at 27.50%. CBN Governor Olayemi Cardoso announced the...
The Bank of England has reduced its base interest rate from 4.75% to 4.5%, signaling a shift in monetary policy aimed at bolstering economic growth. This...
In a decisive move to combat Nigeria’s surging inflation, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has unanimously voted to raise...
