The Centre for the Promotion of Private Enterprise, CPPE said the recent interest rate hike to 26.25 % by the Central Bank of Nigeria would worsen…
Browsing: Interest rate
The Central Bank of Nigeria (CBN) boosted interest rates by 200 basis points on Tuesday, from 22.75 percent to 24.75 percent, amid rising inflation. The central…
Türkiye’s central bank raised its benchmark interest rate on Thursday, resuming its tightening cycle after one of the world’s highest inflation rates increased again last month.…
The benchmark interest rate set by the Bank of Ghana (BoG) has increased from 24.5 percent to 27 percent. Ernest Addison, governor of BoG, said the…
Last week, this column discussed the need to rethink productivity and economic growth in Nigeria based on the presentation by foremost Economist Dr. Ayo Teriba. This…
Governor John Rwan-go-mbwa announced the rise in the key policy rate from 5% to 6% in Rwanda’s capital Kigali. This brings the total number of rate…
The Central Bank of Egypt has raised the benchmark interest rate by 100 basis points today, citing global inflationary pressures and the Russia-Ukraine crisis as cause…
The Reserve Bank’s Monetary Policy Committee (MPC) is expected to hold the repo rate at 3.5% when it announces its policy decision on Thursday (19 November).…