Banks will generally calculate the interest to charge on your credit card balances based on the annual percentage rate (APR) ...
U.S. inflation accelerated last month as the cost of groceries, gas and used cars rose. It’s a disappointment for families ...
The Central Bank of Nigeria (CBN) has confirmed that the 299th meeting of its Monetary Policy Committee (MPC), initially scheduled ...
CBN monetary policy decisions, such as setting the Monetary Policy Rate (MPR) influences the interest rate spread. A higher MPR in the process of taming inflation invariably leads to higher lending ...
The Bank of Canada delivered a 25 basis point cut on Wednesday as inflation remains close to 2 per cent, but the central bank ...
FBN Holdings recorded a 154.5 percent rise in net interest income, driven primarily by the continuous hike in the monetary ...
Since assuming office in September 2023, Governor Olayemi Cardoso has implemented several bold monetary policy reforms aimed ...
Bond yields rose, a sign traders expect inflation and interest rates to remain high. MPR News helps you turn down the noise and build shared understanding. Turn up your support for this public ...
Bank of Canada rate cuts, Amazon at odds with Ottawa, and ‘debanking’: Business and investing stories for Feb. 2 Governor of ...
Oil prices have been volatile and in recent weeks have been about $5 higher than was assumed in the October MPR. In Canada, past cuts to interest rates have started to boost the economy. The recent ...
Banks’ borrowing from the  Central Bank of Nigeria, CBN, rose sharply by 395.2 percent week-on-week (WoW) to N4.72 trillion last week from N953.11 billion the previous week.