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ECB Poised for Further Rate Cuts as Inflation Declines
The European Central Bank (ECB) is expected to cut interest rates again this week as inflation across the eurozone continues...
Kenyan Shilling Gains 17% Amid Two Interest Rate Cuts in 2024 as Inflation Eases
The Kenyan shilling has appreciated by 17% against the US dollar in 2024, driven by the Central Bank of Kenya’s...
DSS Accuses CBN Staff of Aiding in Theft of Anchor Borrowers’ Funds
The Department of State Services (DSS) has implicated several Central Bank of Nigeria (CBN) employees in the alleged misappropriation of...
Naira Weakens to N1,625.13 in I&E Window as Market Turnover Declines
The naira continued its downward trend against the U.S. dollar on October 9, 2024, closing at N1,625.13 in the official...
Kenya Lowers Key Interest Rate to 12% Amid Cooling Inflation
The Central Bank of Kenya (CBK) has reduced its key lending rate by 75 basis points, bringing it down to...
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