The Nigerian stock market recorded a strong rebound last week as investors’ portfolio value rose by more than N986 billion within five trading sessions. The development marked the end of …
MPC
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BankingEconomyINVESTMENTManufacturing & Consumer GoodsOil & GasStock Market
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Banking, Finance & InvestmentBusinessEastern AfricaEconomy
Kenya’s Central Bank Says it’s Forex Reserves remain Adequate Despite Breaching Minimum Target
The Central Bank of Kenya(CBK) has said that its forex reserves remain adequate to smooth out any volatilities despite breaching the aggregate amount of not less than the value of …
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AfricaAFRICA NEWSBanking, Finance & InvestmentEconomyNewsNigeriaWestern Africa
CBN to debit banks on Thursday after CRR Raise To 32.5%
The Central Bank of Nigeria (CBN) says it will debit all banks in the country on Thursday, Sept. 29, for the Cash Reserve Ratio (CRR) to allow for the mopping-up of liquidity. …
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AfricaBanking, Finance & InvestmentEconomyEgyptNewsNorth AfricaNorthern AfricaUncategorized
Egypt’s central bank keeps interest rates unchanged for the third time in a row
Egypt’s central bank (CBE) has on Thursday kept its key interest rates unchanged for the third time in a row. The central bank’s Monetary Policy Committee (MPC) has maintained its …
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Banking, Finance & InvestmentBusinessEastern AfricaEconomy
CBK Retains Base Lending Rate at 7.5% Per Cent as global Inflation
The Central Bank of Kenya(CBK) has retained the base lending rate at 7.5 per cent even as global inflation remains elevated. CBK raised the rate from 7 per cent in …
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AfricaBanking, Finance & InvestmentINVESTMENT
How the Monetary Policy Committee Increased Rates of 1.5% can affects your money
The Monetary Policy Committee increased rates in a meeting by unanimously voting to raise the MPR (Monetary Policy Rates) by 150bps to 13.00% in its 3rd meeting of the year. …