Tag
INTEREST RATES
News and analysis about interest rates
We analyze what it could mean for the Nigerian economy with focs on Exchange Rate, Interest Rate, Inflation, Immigration, Geopolitical, and foreign aid.
The International Monetary Fund (IMF) has announced it is reducing the costs for countries that borrow money from it by up to 36%.
The Bank of Ghana has cut interest rates by 200 basis points from 29% to 27% as inflation...
On Wednesday, the U.S. Federal Reserve implemented a 0.5% cut to its interest rates, marking the start of what many analysts anticipate will be a sustained phase of monetary easing.
A small but notable portion of Nigerians believes that increasing interest rates would be the key to improving the country’s economy.
The Central Bank of Nigeria (CBN) has recorded a significant influx of demand in the latest Nigerian Treasury Bills (NTB) auction conducted on September 11, 2024, with total subscriptions reaching N563.17 billion across the three tenors.
Financial experts have emphasized the urgent need for the Nigerian government, particularly at sub-national levels to implement strict fiscal discipline measures to address the nation’s escalating inflation rate.
Global credit ratings agency, Fitch Ratings, has projected further hike in monetary policy rates by the Central Bank of Nigeria (CBN) in the second half of the year.
Economists express concerns about Nigerian banks’ large net interest margin, alluding to the trend as making access to finance beyond the reach of small businesses.
One of the significant challenges faced in the construction and real estate sector is the inability to access long-term financing at single-digit interest rates.
The cost of baking a loaf of bread today has quadrupled by over 200%, prices have reflected although not in the same margin as the cost increase and demand has dropped significantly.
The Central Bank of Nigeria (CBN) has sold an impressive N1.58 trillion in its latest Treasury Bills auction...