CBN Rate Hikes Boost Fixed Income Demand in Nigeria
CBN's aggressive 875bps interest rate hikes in 2024 dramatically increased demand for fixed income instruments while crowding out private sector borrowing. Discover key market impacts.
CBN's aggressive 875bps interest rate hikes in 2024 dramatically increased demand for fixed income instruments while crowding out private sector borrowing. Discover key market impacts.
Bitcoin price crashes below $95,000, dropping 5% to a six-month low. Discover the key factors behind this crypto market plunge and what it means for Nigerian investors.
Global markets faced pressure as doubts over US Fed rate cuts and tech bubble fears grew. Oil prices rallied on Russian output risks. Get the full analysis for Nigerian investors.
Asian markets declined, mirroring Wall Street's selloff amid uncertainty over the Federal Reserve's December rate decision and growing speculation of a tech bubble.
Central Bank of Nigeria publishes updated lending rates for Access Bank, UBA, Zenith Bank and others. See the new prime and maximum rates affecting loans.
Nigerian naira strengthens significantly against British pound, dropping below N2,000 in both official and parallel markets. CBN reforms drive currency stability as forex reserves hit $43.34 billion.
Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.
The Bank of England maintains interest rates at 5.25% amid inflation concerns. Discover how this decision impacts mortgages, savings, and the UK economic outlook.
Nigeria's Monetary Policy Committee faces tough choices as inflation soars and economic growth slows. Experts analyze potential outcomes ahead of crucial rate decision.
Nigerian lawmakers launch thorough investigation into President Tinubu's controversial ₦1.15 trillion loan proposal amid growing economic concerns and public scrutiny.
Nigeria's currency makes impressive recovery in parallel market while official rate weakens. Expert analysis reveals how Trump's political comeback threats are impacting forex trading patterns.
President Bola Tinubu has formally requested Senate approval for a ₦15.4 trillion loan facility to address critical infrastructure gaps and economic challenges. Get the full details on this major financial move.
President Bola Tinubu requests Senate approval for ₦1.15 trillion domestic borrowing to fund infrastructure projects and economic development initiatives across Nigeria.
Asian markets experienced significant volatility as technology shares surged while traders anxiously await the Federal Reserve's interest rate outlook. Discover how major indices performed and what's driving market sentiment.
Federal Reserve Governor Lisa Cook signals persistent inflation concerns as price pressures prove more resilient than expected, impacting global economic outlook.
Nigerian families face mounting pressure as cooking gas dealers announce sharp price increases nationwide. Discover the new rates for 12.5kg, 6kg, and 5kg cylinders and what's driving this energy crisis.
Growing public skepticism surrounds President Tinubu's latest loan request as House of Representatives Deputy Spokesman Philip Agbese voices concerns about transparency and accountability.
Federal Reserve Governor Philip Jefferson explains the reasoning behind holding interest rates steady while inflation remains above target. Get the inside story on the Fed's cautious approach.
Italian leaders pressure European Central Bank to slash interest rates as surging Euro threatens economic recovery. Analysis of global currency impacts.
Nollywood legend Olaiya Igwe opens up about borrowing gospel singer Tope Alabi's car for his wedding ceremony, citing maturity and financial prudence as key factors in his decision.
The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million, part of a larger $8.69 billion and €100 million loan package previously endorsed by the National Assembly during the Buhari admini
The Bank of Japan maintains ultra-low interest rates while signaling potential future hikes as yen weakness and inflation concerns persist. Get the latest analysis on Japan's monetary policy direction.
European Central Bank maintains interest rates despite inflation concerns. Analysis of how this decision impacts Nigeria's economy, trade relations, and the global financial landscape.
Nigeria's House of Representatives has approved President Tinubu's massive borrowing plan to fund critical infrastructure projects across the nation, including a landmark Islamic finance initiative.
Shocking new data reveals Nigerian states' debt burden has skyrocketed, with Lagos and Edo citizens bearing the heaviest load. Discover how this affects everyday Nigerians and what it means for the economy.
The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million from international lenders to fund critical infrastructure projects and support the 2024 budget.
The US Federal Reserve is preparing for interest rate reductions in its final 2024 meeting, setting the stage for economic shifts that could impact Nigeria's markets and inflation trends in 2025.