Why Nigeria’s Rate Cut Means Little to the Market Woman, POS Agent and Micro-Borrower
The Central Bank of Nigeria’s decision to cut its benchmark interest rate by 350 basis points may change conditions in ...
Tag: Lending Rates
CBN Slashes Interest Rate to 23% in Biggest Cut in Years
The Central Bank of Nigeria (CBN) has cut its benchmark interest rate by 350 basis points to 23% from 26.5%, ...
EthikaVest Opens Shariah-Compliant Route to Dangote Refinery IPO
Nigerian digital investment platform EthikaVest has made the Dangote Petroleum Refinery Initial Public Offering (IPO) available on its platform, giving ...
Ghana Parliament Praises Central Bank as Reserves Hit Record $14.5bn
The Majority Caucus in Ghana's Parliament has praised the Bank of Ghana for boosting international reserves to $14.5 billion by ...
Productive Sectors Crippled as Lending Rates Hit 60% Ceiling
Nigeria’s manufacturing and agricultural sectors are facing a severe existential threat as maximum lending rates have skyrocketed to as high ...
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