Tag: INTEREST RATE
CPPE slams CBN’s MPC interest rate hike, says decision is detrimental...
...''the latest policy choice of the apex bank is at variance with the mood of most economic players and the desire to promote economic...
Quick Take| Expect 100bps hike in interest rate as Central Bank...
MON MAY 20 2024-theGBJournal|Analysts are projecting a 100 basis points increase in the MPR with other parameters expected remain constant, as the Monetary Policy...
Markets Wrap| NGX All-Share Index down 0.2%, Naira recovers to N1,382.95/US$,...
...MTNN and FBNH down -1.7% and -3.4% respectively
...the NTB secondary market was bullish, as the average yield pared by 1bp to 17.7%.
TUE, MAR 26...
Nigeria’s Central Bank hikes interest rate by 200bps to 24.75%, its...
TUE, MAR 26 2024-theGBJournal| The Central Bank of Nigeria (CBN) raised monetary policy rates (MPR) by 200bps to 24.75% (Previously: 22.75%) at the end...
Bank of Ghana holds interest rate at 29% as inflation decelerates
...The decision follows the 100-basis point cut implemented in January 2024, bringing the rate down from 30%.
MON, MAR 25 2024-theGBJournal| The Bank of Ghana...
Analysis| Ready for your Money Market fund?
...Now that T-bills yields are, in effect, twice what they were in 2023 (on average), we expect subscriptions to Money Market funds to rise...
Analysis| How to deal with high interest rates
...What are the effects of high-interest rates?
...Historically, rises in market interest rates have been accompanied by cries of pain from borrowers, including industry, complaining...
CBN’s Monetary Policy Committee delivers record interest rate hike
...All other parameters were raised except for liquidity rate which it retained at 30.0%.
...The asymmetric corridor is hiked +100bps/-700bps (Previously: +100bps/-300bps) while the CRR...
Surprise hike by Kenya – why ?
By Charlie Robertson
TUE, DEC 05 2023-theGBJournal| The new central bank governor, who arrived with a punchy 100bp rate hike at his first meeting, has...
Analysis| Action on rates, better to act than to speak
...Savers are the big beneficiaries here. T-bill and FGN bond investors have dealt with miserable rates for most of 2023 (as, indeed, they have...
