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: lending rates Nigeria
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.
Nigerian Banks Eye Fresh Lending Growth in 2026
Nigeria's banking sector is set for a lending rebound in 2026 as inflation and FX pressures ease. Economists forecast 10-15% private sector credit growth. Read the full analysis.
FG Places 103 Loan Apps on Watch List, Delists 45
The FCCPC has placed 103 digital loan apps on a regulatory watch list and delisted 45 others. This move aims to protect consumers from data abuse and harassment. Verify app status before borrowing.
Govt Blacklists 45 Illegal Loan Apps in 2026 Crackdown
The FCCPC has blacklisted 45 illegal digital lending apps in Nigeria for predatory practices. Learn the full list and how to stay safe from harassment and data theft.
Aptech Nigeria Launches AI Career Program with Internships
Aptech Nigeria launches a new AI Career Program offering tech skills, paid internships, and pathways to international degrees. Learn how to apply for this job-ready training.
103 Loan Apps Face Ban as FCCPC Deadline Expires
Over 521 digital lenders now regulated by FCCPC as new rules take effect. 103 unregistered apps face enforcement. Discover the key provisions and sanctions.
U.S. Visa Ban Threatens Nigeria-US Air Travel, Airlines Warn
Nigeria's aviation sector braces for a sharp drop in passenger traffic as U.S. visa restrictions take effect January 2026. Experts warn of economic fallout for airlines and travel agencies. Read more.
Trump Orders US Strikes on ISIS in Nigeria
US President Donald Trump announced deadly military strikes against ISIS terrorists in Northwest Nigeria on Christmas, citing attacks on Christians. 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 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.
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.
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.
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.
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.
Nigerian Banks Hit N33.24 Trillion in Customer Deposits
Ten Nigerian banks recorded over N33.24 trillion in savings deposits by September 2025, a 6.8% annual increase. See which Tier-2 banks led the growth and the latest CBN savings rates.
Naira Begins December Strongly Against US Dollar
The Nigerian Naira rebounds against the USD, closing at N1,446.74. CBN interventions and $20.98bn foreign inflows boost confidence. Experts predict stability ahead. Read more.
Best Gift Card Rates in Nigeria 2026
Discover the 2026 gift card rates in Nigeria. Find out which cards like Razer Gold, Steam, and Apple iTunes pay the most and why platforms like GiftCardsToNaira are preferred for fast cash conversion.
Experts Support CBN's MPR Decision, See Lower Rates
Nigerian economists endorse CBN's monetary policy stance maintaining MPR at 27%. Experts predict reduced lending costs to boost real sector growth. Read analysis.
AfDB approves $500m loan for Nigeria's budget
African Development Bank approves $500 million budget support for Nigeria to boost non-oil revenues and energy sector reforms. Learn how this impacts Nigeria's economic growth.
MAN: 37% Lending Rate Hinders Manufacturing
MAN laments 37% lending rate, says high borrowing costs hinder production and reduce competitiveness. DG Segun Ajayi-Kadir urges CBN for rate reduction.
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