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Interest Rates Fall, but Central Banks Are No Longer in Lock Step
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, have taken a more cautious approach.
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut. 24/7 coverage of breaking news and live events
It's Not Just the Fed. This Week Is a Central-Bank Bonanza
A swath of central banks followed the Federal Reserve in issuing interest-rate decisions, though several held policy steady: The Bank of England held rates at 5%, as expected. Like the European Central Bank and others,
Fed Meeting Today: Central Bank Cuts Interest Rates in Half-Point Move
Follow live coverage of the Federal Reserve's September policy meeting, including the interest-rate decision, summary of economic projections, and Chairman Jerome Powell's news conference today.
UAE Central Bank joins Fed in cutting interest rates
The UAE Central Bank cut its benchmark interest rate on Wednesday, joining the US Federal Reserve in cutting the policy rate for the first time in four years. After hitting the pause on increasing interest rates since July last year,
3d
Central bank digital currency momentum growing, study shows
A total of 134 countries representing 98% of the global economy are now exploring digital versions of their currencies, with ...
Nairametrics
21h
Nigeria now records monthly net inflow of $2.35 billion into foreign reserves – Wale Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said the country now records about $2.35 ...
Hosted on MSN
2d
CBN reveals three dangers to Nigeria’s External Reserves
The Central Bank of Nigeria has revealed that lower crude oil earnings, fuel subsidy removal, lower import bills and ...
Arise
5h
Nigeria No Longer Depends On Ways And Means Nor Central Bank Borrowing For Debt Servicing, Says Finance Minister Edun
Finance Minister Edun has said economic reforms are yielding positive results, with increased government revenues and ...
IT News Africa
1d
Central Bank of Nigeria’s New Appointments at Keystone Bank
The Central Bank of Nigeria has announced reorganizing Keystone Bank Limited's board of directors, which is a key step toward ...
AllAfrica.com
1d
Nigeria: Keystone Bank Gets New Chairperson, Non-Executive Directors
In January, the CBN dissolved the boards and management of several major banks, including Keystone Bank, due to non-compliance with key regulatory standards.
Sahara Reporters
7d
BREAKING: Nigerian Central Bank Begins Tracking Of POS Transactions, Issues Directive To Service Providers
The directive on PoS business registration comes against the backdrop of frequent fraud incidents involving PoS terminals and ...
legit
19h
“Dear Customer”: Nigerian Bank Alerts Customers of Network Issues, Funds Transfer, PoS Affected
Ecobank Nigeria has announced network challenges affecting funds transfers and Point of Sale transactions and has apologized ...
12d
Nigeria's central bank resumes intervention amid naira weakness
Nigeria’s central bank resumed foreign currency sales after the naira slipped to a fresh low against the dollar this week, ...
AllAfrica.com
1d
Nigeria: CBN Reconstitutes Board of Keystone Bank
The Central Bank of Nigeria (CBN) has reconstituted the board for Keystone Bank Limited as part of efforts to strengthen the lender's operations.
legit
3h
After Keystone Bank, Another Nigerian Bank Gets New Directors, CBN Approves
The Central Bank of Nigeria (CBN) has approved a new Board of directors for Polaris Bank after announcing changes for ...
Hosted on MSN
2d
Nigeria’s domestic prices to remain high in 2024, 2025 fiscal year – CBN
The Central Bank of Nigeria has said that Nigeria’s domestic prices are expected to remain high in the 2024/2025 fiscal year.
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