By Dipo Olowookere The minimum interest rate to be paid by deposit money banks (DMBs) in Nigeria to their customers for deposits has been reviewed downward...
By Dipo Olowookere Though some have called for the lowering of the nation’s benchmark interest rate presently at 14 percent, others feel making such move at...
By Modupe Gbadeyanka The Central Bank of Kenya (CBK) has announced the reduction of the nation’s benchmark interest rate by 50 basis points. This cut in...
By Dipo Olowookere The high interest rate being charged by commercial banks in the country has caught the attention of the Senate and this would be...
By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has announced leaving its benchmark interest rate at 14 percent as predicted by analysts. This was revealed...
By Modupe Gbadeyanka The South African Reserve Bank has refused to make changes to any of its rates. This is coming barely three days after its...
By Modupe Gbadeyanka Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has explained why the Monetary Policy Committee (MPC) retained all key indicators...
By Modupe Gbadeyanka Minister of Finance, Mrs Kemi Adeosun has advocated for a lower interest rates in order to boost domestic borrowing by the government. Mrs...
