Interest Rates

National Bank of Rwanda Lifts Rate 50 Basis Points to 7.25%

Kigali, Rwanda – The National Bank of Rwanda has increased its benchmark interest…

Bank of Namibia Holds Rate at 6.50% in First 2026 Meeting Amid Cautious Stance

Windhoek, Namibia – The Bank of Namibia has retained its benchmark policy rate…

South African Inflation Eases to 3.5%, Strengthening Case for March Rate Cut

Johannesburg, South Africa – South Africa's annual inflation eased to 3.5 percent in…

CBN Survey Reveals 61.5% Of Nigerian Households Demand Lower Interest Rates

Okay News reports that an overwhelming majority of Nigerian households have expressed…

Banks Navigate Shifting Credit Landscape in Early 2025

A nuanced picture of Nigeria's credit market emerged in the first quarter…

Nigeria’s Money Supply Hits Record High Despite CBN’s Tightening Grip

In a striking paradox highlighting the complexities of Nigeria's economic landscape, the…

Nigeria Eurobonds Feel Global Investor Chill Amidst Fed Rate Hold

The allure of Nigeria Eurobonds, once a beacon for international investors, has…

ICYMI: Nigerian Businesses Brace for 2025: High Interest Rates and Insecurity Loom Large

Businesses across Nigeria are projecting a challenging 2025, with high interest rates…