CBN Rate Cut: Why Cheaper Loans May Not Come Immediately
The Central Bank of Nigeria’s (CBN) decision to cut its benchmark interest rate has created room for cheaper borrowing, but ...
Tag: Borrowing Costs
CBN Cuts Benchmark Rate to 23% as Borrowers Get Relief and Naira Faces Fresh Test
The Central Bank of Nigeria has cut its benchmark interest rate by 350 basis points to 23%, giving businesses and ...
BOI’s N250bn Bond Passed the Investor Test. The Manufacturing Test Begins Now.
For Nigerian manufacturers, the real story behind the Bank of Industry’s (BOI) N250 billion bond is not simply that investors ...
UN Report Says Developing Countries Could Save $500 Billion Yearly Through Cheaper Borrowing
A new report by the United Nations Conference on Trade and Development (UNCTAD) has revealed that developing countries, including Nigeria, ...
Conoil Proposes N2.00 Dividend Despite Profit Slump from Rising Finance Costs
Conoil Plc has proposed a dividend of N2.00 per share for the 2025 financial year, committing a total payout of ...
Côte d’Ivoire Exceeds Bond Target Despite Rising Regional Interest Rates
Côte d'Ivoire has demonstrated its status as West Africa's premier sovereign borrower by raising CFA 66 billion on the UEMOA ...
Oil Price Surges Past $90
Global oil prices have surged past $90 per barrel for the first time since April 2024, as the escalating conflict ...
Popular News
-
TCN Arrests Over 30 Suspected Vandals as 10 Towers Are Damaged
-
Natasha Courts European Investors for Kogi Industries, Renews Ajaokuta Revival Call
-
Tinubu Targets Year-End Presentation of 2027 Budget
-
Reps Approve ₦100.51bn Refund for Yobe Cargo Airport
-
Reuben Abati Faults ₦70k Transport Relief for Excluding Private Sector Workers
