DMO Issues Fresh Warning to States Over Borrowing Rules
The Debt Management Office urges state governments to strictly comply with borrowing laws to avoid loan approval delays. Learn the key guidelines for responsible debt management.
Category : Search result: borrowing rates
US Q3 GDP Grows 3.2%, AI Investment Fuels Momentum
The US economy posted solid 3.2% growth in Q3 2025, driven by AI investment. The delayed data shows resilience despite labour market concerns and Fed rate cuts. Read more.
When a Quick Loan Makes Sense in Nigeria
Discover the 5 key situations where a quick loan is a sensible financial tool in Nigeria, from medical emergencies to urgent repairs. Learn to borrow responsibly.
CBN Projects Naira Stability, Lower Borrowing Costs for 2026
The Central Bank of Nigeria's latest survey reveals businesses expect naira stability and lower borrowing rates into 2026, despite ongoing challenges like insecurity and high taxes. Read the full report.
Fed's Williams Sees No Urgency for Further Rate Cuts
New York Fed President John Williams says recent US inflation data was distorted by a government shutdown and Black Friday sales, advising patience on further interest rate cuts. Get the full analysis.
Japan Hikes Interest Rates to Highest Level Since 1995
The Bank of Japan has increased interest rates to a three-decade high of 0.75% to combat persistent inflation, partly driven by soaring rice prices. Get the full details on this major economic shift.
Asian Markets Rise on US Inflation Ease, BoJ in Focus
Asian markets closed higher as softer US inflation data fueled rate cut hopes. Micron's strong earnings eased tech bubble fears. The Bank of Japan's rate decision is key.
ECB holds rates steady at 2% as inflation cools
The European Central Bank keeps its key deposit rate at 2% for the fourth consecutive meeting. Analysts scrutinise Lagarde's comments for clues on future monetary policy amid uncertain inflation outlook. Read more.
Senate Passes N54.46 Trillion MTEF, Natasha Questions FG
The Nigerian Senate has approved the 2026-2028 MTEF with a N54.46 trillion spending plan. Senator Natasha Akpoti-Uduaghan challenged the FG's vague plan to 'mop up' funds for the private sector. Read the full details.
DMO to States: Comply with Fiscal Responsibility Act on Loans
The Debt Management Office has urged state governments to strictly adhere to the Fiscal Responsibility Act when borrowing. DMO DG Patience Oniha says compliance is non-negotiable for sustainable public finance. Read more.
US Jobless Rate Climbs to 4.6%, Highest in Four Years
US unemployment rose to 4.6% in November, its highest level since 2021, as the economy lost 105,000 jobs in October. Read the full analysis of the cooling labour market and its global implications.
Bank of Japan Set for Major Rate Hike to 30-Year Peak
The Bank of Japan is expected to raise interest rates to their highest level since 1995, a move that could intensify debt market volatility and impact the weak yen. Read the full analysis.
Asian Markets Retreat on US Jobs Data, Tech Worries
Asian markets extended losses Tuesday ahead of key US jobs data, with tech sector jitters and Fed rate cut uncertainty weighing on investor sentiment. Key indexes in Tokyo, Hong Kong, and Shanghai all fell over 1%. Read the full analysis.
US Inflation Data Shows Consumer Strain Before Holidays
Fresh US inflation data reveals a 2.8% rise in September, putting pressure on consumers as the festive season peaks. The Fed faces a key rate decision amid mixed economic signals. Read the full analysis.
French Town Offers €1,000 Birth Bonus to Save Clinic
A small French town will pay expectant mothers €1,000 to give birth locally, aiming to save its maternity ward from closure. Doctors warn of safety risks. Read more.
US Reviews Newborn Hepatitis B Vaccine Policy
A US vaccine advisory panel, now led by skeptics, is reviewing the decades-old practice of giving hepatitis B shots to newborns. Experts warn this could cause preventable deaths and lower immunization rates. Read the full analysis.
Bisi Alimi Links Divorce Trends, Infidelity & Queer Stereotypes
Gay rights activist Bisi Alimi's morning Instagram reflections dissect global divorce rates, societal hypocrisy, and the false moral high ground of straight marriages. Read his powerful critique.
Nigerian Banks Hit N33.24 Trillion in Customer Deposits
Ten Nigerian banks recorded over N33.24 trillion in savings deposits by September 2025, a 6.8% annual increase. See which Tier-2 banks led the growth and the latest CBN savings rates.
Naira Begins December Strongly Against US Dollar
The Nigerian Naira rebounds against the USD, closing at N1,446.74. CBN interventions and $20.98bn foreign inflows boost confidence. Experts predict stability ahead. Read more.
Best Gift Card Rates in Nigeria 2026
Discover the 2026 gift card rates in Nigeria. Find out which cards like Razer Gold, Steam, and Apple iTunes pay the most and why platforms like GiftCardsToNaira are preferred for fast cash conversion.
Experts Support CBN's MPR Decision, See Lower Rates
Nigerian economists endorse CBN's monetary policy stance maintaining MPR at 27%. Experts predict reduced lending costs to boost real sector growth. Read analysis.
Asian stocks rally on rising US rate cut bets
Asian markets climbed as traders bet on a December Fed rate cut. The rally extended Wall Street gains, boosting assets like Bitcoin. Read the full market analysis.
CBN Retains MPR at 27%, Delays Loan Rate Cuts
Nigeria's Central Bank maintains 27% interest rate to fight inflation. Businesses and borrowers face continued high loan costs as monetary tightening persists. Learn what this means for you.
Asian Markets Advance on Fed Rate Cut Expectations
Asian markets surge as Federal Reserve officials signal December rate cut. Tech stocks lead rally while weakening labor market shifts Fed focus from inflation concerns.
Asian Markets Rise as US Rate Cut Hopes Soothe Nerves
Asian stocks climbed as renewed US interest rate cut expectations calmed markets after a turbulent week driven by AI bubble fears. Key inflation data due this week.
Calculate Your Salary Tax in Nigeria: 2026 Guide
Learn how to calculate PAYE tax on your Nigerian salary in 2026. Understand tax bands, reliefs, and get step-by-step calculation examples for financial clarity.
Stocks Rally as Nvidia Report Offsets Fed Rate Concerns
Asian markets surged as Nvidia's blockbuster earnings report calmed fears of an AI bubble, overshadowing Federal Reserve concerns about persistent US inflation. Get the latest market analysis.
Fed Officials Resist December Rate Cut Amid Pressure
Federal Reserve minutes reveal most officials oppose December rate cut, creating tension with President Trump who wants lower rates. Key economic data remains uncertain.
Asian markets bounce as Nvidia takes centre stage
Asian markets staged a recovery on Wednesday, November 19, 2025, as all eyes turned to Nvidia's earnings report amidst growing fears of an AI-driven stock market bubble. Discover the key figures and expert analysis.
Asian Markets Slump on Tech Bubble, Fed Rate Fears
Asian markets fell as fears over a tech rally bubble and delayed US rate cuts spooked investors. Bitcoin erased its 2025 gains. Discover the market impact.
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