Nigerian banks focus on commissions, neglecting real economic growth – Dr. Muda Yusuf
Dr. Muda Yusuf, Managing Director/CEO of the Center for the Promotion of Private Enterprise (CPPE) has criticized Nigerian banks for ...
Tag: Interest Rates
News and analysis about interest rates
What Donald Trump’s second Presidency means for Nigerian economy
We analyze what it could mean for the Nigerian economy with focs on Exchange Rate, Interest Rate, Inflation, Immigration, Geopolitical, ...
IMF slashes borrowing costs by 36%, saving countries $1.2 billion yearly
The International Monetary Fund (IMF) has announced it is reducing the costs for countries that borrow money from it by ...
Ghana’s Central Bank lowers interest rate by 200 basis points
The Bank of Ghana has cut interest rates by 200 basis points from 29% to 27% as inflation slowed in ...
US Federal Reserve slashes interest rates by 0.5% as Nigeria awaits return of foreign investors
On Wednesday, the U.S. Federal Reserve implemented a 0.5% cut to its interest rates, marking the start of what many ...
Nigerians believe higher interest rates is bad for the economy – CBN survey
A small but notable portion of Nigerians believes that increasing interest rates would be the key to improving the country’s ...
Interest rates on Nigerian Treasury Bills drop again as subscriptions more than double
The Central Bank of Nigeria (CBN) has recorded a significant influx of demand in the latest Nigerian Treasury Bills (NTB) ...
Why Sub-national fiscal discipline is key to reducing inflation in Nigeria – Experts
Financial experts have emphasized the urgent need for the Nigerian government, particularly at sub-national levels to implement strict fiscal discipline ...
CBN to further increase interest rates in second half of 2024- Fitch
Global credit ratings agency, Fitch Ratings, has projected further hike in monetary policy rates by the Central Bank of Nigeria ...
Nigerian banks’ 20% ‘interest margin’ hampers small businesses – Experts
Economists express concerns about Nigerian banks’ large net interest margin, alluding to the trend as making access to finance beyond ...
