Wednesday, June 4, 2025

Tag: Interest rate

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Naira stabilised after 2023 crisis, but cracks are emerging

After a six-month rebound from its worst-ever crisis in...

Rainy season just started in Nigeria. Over 110 killed by floods already

At least 111 people have died in central Nigeria’s...

Abbey Mortgage Bank is raising ₦100 billion to change to commercial banking

Abbey Mortgage Bank is planning to raise up to...

Tinubu is taking $24 billion in new loans weeks after clearing IMF debt

Just weeks after celebrating the repayment of a $3.3...

CBN fuelling the same inflation it is fighting

The Central Bank of Nigeria’s financing of the federal government’s budget deficit and record high credit to the economy have limited the effectiveness of...

Nigeria’s central bank raises interest rate on price pressure

The Central Bank of Nigeria raised its benchmark lending rate by 50 basis points to 18% on Tuesday, extending a tightening policy that began last...

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Rainy season just started in Nigeria. Over 110 killed by floods already

At least 111 people have died in central Nigeria’s...

Abbey Mortgage Bank is raising ₦100 billion to change to commercial banking

Abbey Mortgage Bank is planning to raise up to...

Tinubu is taking $24 billion in new loans weeks after clearing IMF debt

Just weeks after celebrating the repayment of a $3.3...

Tinubu govt approves N45,000 monthly for students to revive Technical Colleges

In a bid to reinvigorate technical and vocational education,...
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