CBN Releases 2026 Savings Interest Rates for Nigerian Banks
The Central Bank of Nigeria has published the latest savings account interest rates. Discover which banks offer the highest returns and how the market averages 8% in 2026.
Category : Search result: Federal Reserve rates
FG: Minor Tax Law Changes Won't Affect Core Provisions
The Federal Government has reassured Nigerians that recent alterations to newly passed tax laws will have minimal impact. Presidential Tax Reform Committee Chairman Taiwo Oyedele confirms key aspects like tax rates and filing deadlines remain unchanged. G
CBN Releases 2026 Bank Lending Rates for Transparency
The Central Bank of Nigeria has published the latest prime and maximum lending rates for Access Bank, UBA, GTB, Zenith, and others as of January 9, 2026, to guide borrowers. See the full list.
Akwa Ibom's Ibeno Backs Coastal Highway Route
Residents of Ibeno LGA in Akwa Ibom State hold peaceful rally, endorsing the proposed Lagos-Calabar Coastal Highway route through Stubbs Creek Forest Reserve. They cite economic benefits and pledge no obstruction.
Akwa Ibom Govt Reaffirms Control Over Stubbs Creek Reserve
Akwa Ibom State Government dismisses Ekid People's Union's ownership claims over Stubbs Creek Forest Reserve, citing 1918 Privy Council ruling and colonial laws. It pledges full support for the Federal Coastal Highway. Read the full details.
Ekid Leaders Reject 'Terrorist' Tag, Fault Gov Eno
The Ekid People's Union condemns Akwa Ibom Governor Umo Eno for calling them 'terrorists' in a land dispute over Stubbs Creek Forest Reserve. Read their full statement and demands.
NJC: FJSC Handled Judge Qualification, Not Us
The National Judicial Council clarifies that the Federal Judicial Service Commission handled the initial screening of 62 judge applicants. It denies reports of a failed 'integrity test' and vows to probe the source of misinformation. Read the full details
Chappal Energies gets $430m financing for oil assets
Chappal Energies secures a $430 million reserve-based lending package to refinance its acquisition of Equinor's Nigerian assets and fund development. This deal highlights investor confidence in well-structured African upstream projects despite tight capit
US to Keep Seized Venezuelan Oil, Trump Warns Maduro
US President Donald Trump confirms the US will retain crude oil and tankers seized near Venezuela, intensifying pressure on President Nicolás Maduro. Read the latest on the escalating crisis.
US Q3 GDP Grows 3.2%, AI Investment Fuels Momentum
The US economy posted solid 3.2% growth in Q3 2025, driven by AI investment. The delayed data shows resilience despite labour market concerns and Fed rate cuts. Read more.
Asian Markets Rally on US Rate Cut Hopes, AI Worries Subside
Asian stock markets climbed Monday as US data fueled expectations for 2026 interest rate cuts. Tech stocks led gains while gold hit a record high. Get the full market analysis.
CBN Projects Naira Stability, Lower Borrowing Costs for 2026
The Central Bank of Nigeria's latest survey reveals businesses expect naira stability and lower borrowing rates into 2026, despite ongoing challenges like insecurity and high taxes. Read the full report.
Fed's Williams Sees No Urgency for Further Rate Cuts
New York Fed President John Williams says recent US inflation data was distorted by a government shutdown and Black Friday sales, advising patience on further interest rate cuts. Get the full analysis.
Japan Hikes Interest Rates to Highest Level Since 1995
The Bank of Japan has increased interest rates to a three-decade high of 0.75% to combat persistent inflation, partly driven by soaring rice prices. Get the full details on this major economic shift.
Asian Markets Rise on US Inflation Ease, BoJ in Focus
Asian markets closed higher as softer US inflation data fueled rate cut hopes. Micron's strong earnings eased tech bubble fears. The Bank of Japan's rate decision is key.
Federal Government Reopens 47 Unity Schools
The Federal Government has reopened the 47 Unity Colleges shut in November over insecurity. The Ministry of Education assures safety measures are in place. Read more.
US Inflation Cools Unexpectedly in November
US consumer inflation slowed to 2.7% in November, below forecasts. The data, delayed by a government shutdown, shows easing price pressures despite earlier tariff impacts. Read the full analysis.
ECB holds rates steady at 2% as inflation cools
The European Central Bank keeps its key deposit rate at 2% for the fourth consecutive meeting. Analysts scrutinise Lagarde's comments for clues on future monetary policy amid uncertain inflation outlook. Read more.
US Jobless Rate Climbs to 4.6%, Highest in Four Years
US unemployment rose to 4.6% in November, its highest level since 2021, as the economy lost 105,000 jobs in October. Read the full analysis of the cooling labour market and its global implications.
Bank of Japan Set for Major Rate Hike to 30-Year Peak
The Bank of Japan is expected to raise interest rates to their highest level since 1995, a move that could intensify debt market volatility and impact the weak yen. Read the full analysis.
Asian Markets Retreat on US Jobs Data, Tech Worries
Asian markets extended losses Tuesday ahead of key US jobs data, with tech sector jitters and Fed rate cut uncertainty weighing on investor sentiment. Key indexes in Tokyo, Hong Kong, and Shanghai all fell over 1%. Read the full analysis.
Asian stocks falter ahead of expected US Fed rate cut
Asian equities drifted lower as investors await a likely US interest rate cut. Debate intensifies on whether the Federal Reserve can sustain easing into 2026 amid stubborn inflation.
Divided US Fed Faces Contentious Rate Decision
The US Federal Reserve's final 2025 meeting is marked by internal conflict over a potential third interest rate cut, with a key data shortage complicating the decision. Read the full analysis.
US Inflation Data Shows Consumer Strain Before Holidays
Fresh US inflation data reveals a 2.8% rise in September, putting pressure on consumers as the festive season peaks. The Fed faces a key rate decision amid mixed economic signals. Read the full analysis.
French Town Offers €1,000 Birth Bonus to Save Clinic
A small French town will pay expectant mothers €1,000 to give birth locally, aiming to save its maternity ward from closure. Doctors warn of safety risks. Read more.
Asian markets cautious ahead of US data, Fed rate call
Asian markets closed the week with mixed results as investors await key US inflation data and the Federal Reserve's interest rate decision next week. Get the latest market analysis and figures.
US Reviews Newborn Hepatitis B Vaccine Policy
A US vaccine advisory panel, now led by skeptics, is reviewing the decades-old practice of giving hepatitis B shots to newborns. Experts warn this could cause preventable deaths and lower immunization rates. Read the full analysis.
Bisi Alimi Links Divorce Trends, Infidelity & Queer Stereotypes
Gay rights activist Bisi Alimi's morning Instagram reflections dissect global divorce rates, societal hypocrisy, and the false moral high ground of straight marriages. Read his powerful critique.
Asian Markets Struggle to Hold Fed-Inspired Rally
Asian markets lost early gains despite strong Fed rate cut bets. Tokyo rose, but Hong Kong, Shanghai, and Seoul fell. Get the latest on global market volatility.
US Hiring Data Points to Economic Weakness, Rate Cut Expected
Surprise US job losses in November, led by small businesses, signal economic weakness and raise expectations for a Federal Reserve interest rate cut. Get the full analysis.
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