Posted inAfrica Banking Regulations South Africa
South Africa Central Bank Holds Interest Rate Steady Amid Inflation Concerns
South Africa’s central bank has chosen caution, keeping interest rates unchanged while closely monitoring inflation…
Ghana Cuts Interest Rate to Four-Year Low as Inflation Falls
Ghana’s central bank surprised markets with a deeper-than-expected rate cut, reinforcing confidence in slowing inflation…
Mozambique Cuts Interest Rates Again as Easing Cycle Nears End
Mozambique has lowered interest rates for the thirteenth straight time, but mounting risks suggest monetary…
Posted inEconomy Exchange NAIRA RATE
Naira Strengthens as Diaspora Remittances Surge, While U.S. Dollar Faces Pressure Ahead of Fed Rate Decision
Nigeria’s naira gains support from remittances and investments as U.S. dollar weakens on Fed rate…
Nigerian Stock Market Hits Record High, Closes Above 131,000 Points
Nigerian stocks soared to new 2025 highs, extending gains amid bullish sentiment and sector strength.…
Naira Trades Below ₦2000
For the first time in five months, the Nigerian naira improved significantly in the currency…
Posted inBanking NEWS Regulations
Central Bank of Kenya Lowers Interest Rate to 12%
The Central Bank of Kenya (CBK) has reduced its interest rate by 0.75%, bringing it…
Central Bank of Ghana Cuts Interest Rate by 200 Base Points
From 29% to 27%, the Central Bank of Ghana has reduced its key interest rate…
CBN Raises Interest Rate by 50bps, Sparking Outcry from Student Loan Borrowers.
The Central Bank of Nigeria (CBN) raised its Monetary Policy Rate (MPR) by 50 basis…
Posted inCrypto Economy NEWS Regulations
Understanding the US Fed Rate Cut and Its Effects on the Nigerian Naira and the Crypto Market.
Following the U.S. Federal Reserve’s monetary policy arm, the Federal Open Market Committee (FOMC) meeting…