FG Pays N10m Interest-Free Loans to Varsity Staff
Federal Government disburses N10 million interest-free loans to tertiary institution staff. Over 9,000 workers receive payments in first batch with 12-month moratorium.
Category : Search result: CBN savings interest rates 2026
Investor Rush as Insurance Reforms Reshape Market
Nigeria's insurance industry is undergoing a major reset as the NIIRA recapitalisation drive sparks intense investor interest and M&A activity. Discover how this will boost market resilience.
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.
Nigerian banks post N14.7tn interest income
Nine major Nigerian banks reported a combined N14.72 trillion in interest income for the first nine months of 2025, a 27.68% increase driven by high interest rates. Discover which banks led the growth.
CBN Rate Hikes Boost Fixed Income Demand in Nigeria
CBN's aggressive 875bps interest rate hikes in 2024 dramatically increased demand for fixed income instruments while crowding out private sector borrowing. Discover key market impacts.
No New Tax on Nigerian Savings - Analyst Clarifies
Financial analyst Omowunmi Samuel clarifies FIRS is not taxing savings, only interest income. Learn the facts about Nigeria's tax policy and avoid misinformation.
Bitcoin Drops 5% to $94,483 in Major Sell-Off
Bitcoin price crashes below $95,000, dropping 5% to a six-month low. Discover the key factors behind this crypto market plunge and what it means for Nigerian investors.
Stocks Struggle on US Rates, Tech Rally Fears
Global markets faced pressure as doubts over US Fed rate cuts and tech bubble fears grew. Oil prices rallied on Russian output risks. Get the full analysis for Nigerian investors.
No New Tax on Nigerian Savings - Expert Explains
Financial analyst Omowunmi Samuel clarifies Nigeria is not introducing new taxes on savings. FIRS only enforcing existing law on investment interest. Get the facts now!
Asian Markets Fall on Fed Rate, Tech Worries
Asian markets declined, mirroring Wall Street's selloff amid uncertainty over the Federal Reserve's December rate decision and growing speculation of a tech bubble.
Lady saves huge cash in 2 months working at lounge
A Nigerian TikTok user @wurababy shows off impressive savings from just two months working at a lounge. See how customer tips helped her fill two boxes with cash!
New Bank Lending Rates Released by CBN for 2025
Central Bank of Nigeria publishes updated lending rates for Access Bank, UBA, Zenith Bank and others. See the new prime and maximum rates affecting loans.
Naira Gains as Pound Sterling Falls Below N2,000 Mark
Nigerian naira strengthens significantly against British pound, dropping below N2,000 in both official and parallel markets. CBN reforms drive currency stability as forex reserves hit $43.34 billion.
6 Tax Deductions Under Nigeria's New PIT Rules 2026
Discover 6 legitimate tax deductions under Nigeria's new Personal Income Tax rules effective January 2026. Learn how to reduce your taxable income legally and save money.
Islamic Banks in Nigeria Increase to Five with New Entry
Summit Bank Limited begins operations as Nigeria's fifth Islamic bank, expanding Sharia-compliant financial services accessible to all Nigerians regardless of religion.
Nigerian Stock Market Plunges Amid Economic Worries
Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.
Bank of England Maintains 5.25% Interest Rate
The Bank of England maintains interest rates at 5.25% amid inflation concerns. Discover how this decision impacts mortgages, savings, and the UK economic outlook.
PENCOM & NAICOM Order Pension Compliance Enforcement
Nigeria's pension and insurance regulators issue joint directive mandating insurance companies to verify RSA compliance before processing policies, marking significant regulatory alignment.
CBN's Critical Rate Decision: Hold or Hike Amid Economic Pressures?
Nigeria's Monetary Policy Committee faces tough choices as inflation soars and economic growth slows. Experts analyze potential outcomes ahead of crucial rate decision.
FG Launches Interest-Free Loans for Varsity Staff
Nigerian tertiary institution staff can now access interest-free loans through new federal government initiative aimed at improving welfare and academic excellence.
Peter Obi Breaks Silence on Anambra Political Interests
Former Anambra governor Peter Obi breaks silence on his political motivations, emphasizing service over personal gain in explosive new statement ahead of gubernatorial elections.
Naira Rebounds Against Dollar Amid Trump Election Concerns
Nigeria's currency makes impressive recovery in parallel market while official rate weakens. Expert analysis reveals how Trump's political comeback threats are impacting forex trading patterns.
Asian Markets Volatile Amid Tech Rally, Fed Watch
Asian markets experienced significant volatility as technology shares surged while traders anxiously await the Federal Reserve's interest rate outlook. Discover how major indices performed and what's driving market sentiment.
Fed's Cook: Inflation to Stay Elevated in 2024
Federal Reserve Governor Lisa Cook signals persistent inflation concerns as price pressures prove more resilient than expected, impacting global economic outlook.
Cooking Gas Prices Surge: New Rates Shock Nigerian Households
Nigerian families face mounting pressure as cooking gas dealers announce sharp price increases nationwide. Discover the new rates for 12.5kg, 6kg, and 5kg cylinders and what's driving this energy crisis.
US Fed Official Defends Rate Pause Amid High Inflation
Federal Reserve Governor Philip Jefferson explains the reasoning behind holding interest rates steady while inflation remains above target. Get the inside story on the Fed's cautious approach.
Italy Demands ECB Cut Rates Over Strong Euro Crisis
Italian leaders pressure European Central Bank to slash interest rates as surging Euro threatens economic recovery. Analysis of global currency impacts.
Bank of Japan Maintains Zero Interest Rates
The Bank of Japan maintains ultra-low interest rates while signaling potential future hikes as yen weakness and inflation concerns persist. Get the latest analysis on Japan's monetary policy direction.
ECB Holds Rates Steady Amid Inflation Concerns
European Central Bank maintains interest rates despite inflation concerns. Analysis of how this decision impacts Nigeria's economy, trade relations, and the global financial landscape.
US Fed Signals Rate Cuts: Impact on Nigeria's Economy
The US Federal Reserve is preparing for interest rate reductions in its final 2024 meeting, setting the stage for economic shifts that could impact Nigeria's markets and inflation trends in 2025.
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