CBN increases interest rate to 17.5%
business AM
January 24, 2023
By Business AM The monetary policy committee of the central bank has in its January 2023 meeting, raised the monetary policy rate
MPC may retain interest rate to accelerate GDP growth
Businessam StaffNovember 25, 2019
Analysts have predicted that members of the Monetary Policy Committee (MPC), which commence their last meeting for 2019 today, will
Fed lowers interest rates as expected, leaves door open to more cuts
Businessam StaffJuly 31, 2019
The Federal Reserve cut interest rates on Wednesday for the first time since 2008, citing concerns about the global economy and muted
Deutsche Bank analysts forecast global rate cuts
Businessam StaffJuly 25, 2019
Cuts to interest rates can be expected around the world following dovish pivots from the European Central Bank and the U.S. Federal
ECB signals a rate cut, more monetary easing ahead
Businessam StaffJuly 25, 2019
The European Central Bank (ECB) prepared markets for more easing measures on Thursday, causing the euro to briefly fall to a two-year
Inflation fears force CBN back from global monetary easing bandwagon, but rate cut remains in pipeline
Phillip IsakpaJuly 23, 2019
Nigeria’s central bank’s Monetary Policy Committee (MPC) refused to join a global monetary easing bandwagon when it chose
Interest rate cut expectations persists amidst strong U.S. retail sales
Businessam StaffJuly 16, 2019
U.S. retail sales increased more than expected in June, pointing to strong consumer spending, however this did not change market
South Africa may follow Nigeria’s steps as economists predict 25bps rate cut
Adesola AfolabiJuly 11, 2019
South Africa’s apex bank may reduce interest rate by 25 basis points next week, says economists who responded to a Reuters poll.
Namibia’s central bank cuts rate by 25 bps amid weak economy, easing CPI
Businessam StaffAugust 18, 2017
Namibia’s central bank cut its benchmark repo rate by 25 basis points to 6.75 percent “to support domestic economic