Credit extended by Nigerian banks to the manufacturing sector surged by 53.71% year-on-year (YoY) in Q1 2024, reaching N8.70 trillion from N5.66...
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LAGOS, July 13 – Nigeria’s central bank will take all necessary measures to combat double-digit inflation, but it expects price pressures to ease and interest rates to decrease in the near future, the Central Bank of Nigeria (CBN) governor said on Thursday. Thank you for reading this post, don’t forget to subscribe! With inflation at […]
Credit extended by Nigerian banks to the manufacturing sector surged by 53.71% year-on-year (YoY) in Q1 2024, reaching N8.70 trillion from N5.66...
The Central Bank of Nigeria (CBN) and FBN Holdings Plc have requested the Federal High Court in Lagos to dismiss a lawsuit filed by Barbican Capital...
Explainer: Ownership Battle at Nigeria’s Oldest Bank Thank you for reading this post, don’t forget to subscribe! What’s Happening? A...
WASHINGTON (AP) — Wholesale price increases in the United States eased in July, suggesting that inflation pressures are further cooling as the...
WASHINGTON (AP) — Wholesale price increases in the United States eased in July, suggesting that inflation pressures are further cooling as the...
NAIROBI, Aug 9 (Reuters) – Investor confidence in Kenya’s long-term Treasury bills and bonds has waned, as reflected in central bank data, adding...
Reserve Bank governor Michele Bullock will front a federal parliamentary hearing, with inflation considered too high to allow interest rate cuts any...
Australia’s central bank is “vigilant” over upside risks to inflation and won’t hesitate to raise interest rates further if needed, Governor...
Malnutrition rates are soaring in Nigeria as the country battles a severe cost-of-living crisis, according to a report by the nonprofit organization...
Serbia is poised to pause monetary easing to allow the central bank to assess the impact of back-to-back interest-rate cuts amid slowing inflation and...