Ghana’s central bank hikes interest rate to 22% to combat inflation, forex crises
Ghana’s central bank has raised its interest rate by 300 basis points to 22% to tame inflation and stabilize the ...
Tag: Interest Rates
News and analysis about interest rates
Nigeria’s CBN raised interest rates to 13%, blames high inflation
The MPC has voted unanimously to raise the benchmark interest rate to 13% after over two years of expansionary monetary ...
Interest rates of some loan apps in Nigeria
With the emergence of online loan apps, anyone can apply for a loan from the comfort of their homes.
How interest rates impact your wallet
It is imperative to understand how interest rates impact our wallets.
Gold settles at $1,985, records best monthly gain since 2016
Gold price has gained about 30% so far in 2020.
S&P downgrades Nigeria to junk rating, as India cuts interest rates
S&P Global Ratings agency has pushed Nigeria deeper into ‘junk’ territory to B-, as Mexico was lowered to BBB, leaving ...
CBN considers interest rate cut as trade, economy decline over Coronavirus
With coronavirus affecting prices of goods, the governor of the CBN, Godwin Emefiele says the CBN is contemplating reducing interest rate.
How banks live fat on depositors’ fund
Banks in Nigeria are beginning to find means of generating more revenue after the Central Bank of Nigeria (CBN) slashed e-transaction ...
What to do when interest rates are low in 2020
It is no longer news that interest rates are falling across all tenors in Nigeria and the world over. Some ...
The worst financial decision you can make
Inflation in Nigeria is a big issue, the prices of goods and services never come down and it is expected ...
