Nigeria’s MPC Lowers Benchmark Rate to 26.5%, Retains CRR at 45%
24/02/2026Nigeria has reduced its benchmark interest rate by 50 basis points, bringing the Monetary Policy Rate down from 27 per cent to 26.5 per cent at the 304th meeting of.
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Nigeria has reduced its benchmark interest rate by 50 basis points, bringing the Monetary Policy Rate down from 27 per cent to 26.5 per cent at the 304th meeting of.
South Africa has reached a significant milestone in its economic development with the African Export Import Bank (Afreximbank) unlocking a landmark US $8 billion financing commitment aimed at bolstering the nation’s recovery,.
Consumer prices in South Africa moderated in January 2026, with headline inflation easing to 3.5 per cent year-on-year, down from 3.6 per cent in December, according to Statistics South Africa. This marks the tenth.
The South African Reserve Bank (SARB), opted to hold its benchmark repo rate at 6.75 per cent at its first monetary policy meeting of 2026, a decision that highlights the.
Ghana’s monetary authorities have taken a decisive step in recalibrating the country’s economic levers, cutting the central bank’s benchmark interest rate to 15.50 per cent in January 2026, the lowest.
South Africa’s Nedbank Group is offering to acquire a 66% controlling stake in Kenya’s NCBA Group. The 13.9 billion rand (approximately $856 million) cash-and-stock transaction is a strategic bet on.
Nigeria’s economic outlook for 2026 reflects a gradual strengthening of macroeconomic conditions following a period of intense adjustment. According to projections released by the Central Bank of Nigeria (CBN), the.
Namibia’s move to keep its main interest rate at 6.50% may look like a routine announcement at first glance, but it reflects a careful reading of the country’s economic mood..