The central bank decided to raise the deposit reserve requirement ratio of commercial banks to a record high of 15.5% ... The consumer price index (CPI), and not asset prices, is the major factor in ...

The central bank said today (January 20) that it was keeping the one-year loan prime rate (LPR) at 3.1% and the five-year LPR ...

Nigerian banks borrowed N8.2 trillion from the Central Bank of Nigeria (CBN) in the first 17 days of 2025 to deal with a cash ...

Central banks dominate headlines worldwide as they exercise immense influence over the global economy. Using various monetary ...

Banks have reportedly borrowed N8.2trn from the CBN in January 2025 to tackle liquidity challenges and boost lending to the ...

Turkey's Central Bank Lowers Benchmark Interest Rate to 45% ANKARA, Turkey (AP) — Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday, in its second ...

The Bank of Japan increased interest rates on Friday to their highest in 17 years and signalled more hikes to come, sending the yen higher against the dollar.