The South African Reserve Bank (SARB) has lowered its benchmark interest rate by 25 basis points to 7.5%, the third consecutive rate cut as policymakers seek...
The Central Bank of Nigeria (CBN) has raised the monetary policy rate by an additional 25 basis points to 27.50 percent to further tackle inflation, which...
In a September article, the U.S. Bank discusses the potential for a market correction in 2024. It notes that while many analysts believe a downturn is likely...
The Centre for the Promotion of Private Enterprise (CPPE) has warned the Central Bank of Nigeria (CBN) and its Monetary Policy Committee of the dangers of...
The Bank of Ghana has announced it will maintain the benchmark interest rate at 29% for the third consecutive time to rein in rising inflation. Governor...
As Nigeria grapples with soaring inflation and a faltering naira, Goldman Sachs is calling for a substantial increase in interest rates to stabilize the economy and...
The Monetary Policy Committee (MPC) is set to convene on July 22-23, 2024, amid soaring inflation and economic challenges in Nigeria. Led by Olayemi Cardoso, the...
Dr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), announced plans to slow down the increases in the benchmark interest rate once inflation is...
In a powerful address at the ongoing summit organized by the Manufacturers Association of Nigeria (MAN), Africa’s richest man, Aliko Dangote, issued a stark warning to...
South Africa’s inflation rate remained unchanged in May, increasing the likelihood that the central bank will maintain current borrowing costs. According to a statement released by...