The Central Bank of Kenya (CBK) has warned commercial banks in the country to reduce their lending rates or risk facing serious financial penalties. The warning came from CBK Governor …
The Governor of the South African Reserve Bank, Mr. Lesetja Kganyago, has spoken out against what he described as the rising influence of populist politicians in South Africa, warning that …
Kenyan banks are now relying more on secured borrowing to manage their short-term funding needs, as the value of secured interbank lending doubled in just one month. According to official …
Nigeria’s bond market is currently facing serious challenges as investor interest has dropped due to fear of rising interest rates and uncertainty in the economy. The Central Bank of Nigeria, …
The Central Bank of Nigeria (CBN) has reduced its Ways and Means advances to the Federal Government by 59 percent, signalling a new phase of fiscal discipline under the leadership …
Investor interest in Federal Government of Nigeria bonds has dropped, as concerns about rising interest rates and high inflation continue to affect decisions in the financial markets. According to the …
The inflation rate in Kenya has climbed to 4.1% in April 2025, rising from 3.6% recorded in March. This is according to new data released by the Kenya National Bureau …
The Central Bank of Botswana has again decided to maintain the country’s main interest rate at 1.90%, marking the fourth time in a row that the rate has stayed unchanged. …
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said that the bank will remain focused on transparency, stability, and reforms that will restore trust in …
International credit rating agency, Fitch Ratings, has upgraded Nigeria’s long-term foreign-currency rating from ‘B-‘ to ‘B’, changing the country’s outlook from negative to stable. This announcement was made in a …