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Consumers brace for rising borrowing costs amid persistent Middle East oil disruptions
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The Manufacturers Association of Nigeria has welcomed the CBN’s decision to cut the interest rate to 23%, saying it will ease pressure on businesses. Read More: https://punchng.com/man-welcomes-cbn-interest-rate-cut-to-23/
The EFCC has declared the former pension reform boss, Abdularasheed Maina, wanted again over an alleged case of receiving stolen property. Read More: https://punchng.com/efcc-declares-ex-pension-boss-maina-wanted-again/
Minibus drivers in Osogbo, Osun State, protested on Wednesday over the rising cost of fuel and alleged mismanagement of ticket proceeds by union leaders. Read More: https://punchng.com/osun-minibus-drivers-protest-fuel-price-ticket-proceeds-mismanagement/
By Yinka Kolawole The Manufacturers Association of Nigeria, MAN, has urged banks to reduce lending rates to manufacturers following the Central Bank of Nigeria’s 350-basis-point cut in the Monetary Policy Rate, MPR, saying lower borrowing costs are essential to reviving investment and production…
Business Day TV spoke to Nicky Weimar, chief economist at Nedbank, and Xhanti Payi, director and economist at Inani Strategies
The South African Reserve Bank has hiked interest rates by 25 basis points, dealing a blow for homeowners with variable-rate home loans.
