Consumer Credit Drops by N780bn as High Interest Rates Weigh on Household Borrowing
Outstanding consumer credit in Nigeria declined by N780 billion in February 2026 as high borrowing costs continued to discourage households ...
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Tag: #InterestRates
Bank of Japan Raises Rates to 31-Year High Amid Inflation Pressures From Middle East Conflict
The Bank of Japan (BoJ) has raised its benchmark interest rate by 25 basis points to 1.0 per cent, marking ...
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Global Markets Slide as AI Rally Fades, Oil Surges on Middle East Tensions
Global stocks and bonds fell sharply as investors grappled with a convergence of market headwinds, including a pullback in the ...
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CBN Suspends Further Interest Rate Cuts Over Global Economic Uncertainty
The Central Bank of Nigeria (CBN) has reportedly paused further interest rate cuts as concerns grow over global disinflation risks ...
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UK Inflation Eases to 3% in January, Boosting Prospects for Bank of England Rate Cuts
Britain’s annual inflation rate fell to 3.0 percent in January, down from 3.4 percent in December, according to official figures ...
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Majority of Nigerians Want Lending Rates Cut Ahead of CBN MPC Meeting
As members of the Monetary Policy Committee of the Central Bank of Nigeria prepare for their 304th meeting on February ...
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Markets Tumble as Trump Considers Kevin Warsh for Fed Chair
Global markets reacted sharply as U.S. President Donald Trump prepared to nominate Kevin Warsh as the next Federal Reserve chair, ...
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Mozambique Central Bank Cuts Interest Rate to 9.25% on Easing Inflation
The Bank of Mozambique has cut its benchmark interest rate to 9.25 per cent from 9.50 per cent, continuing its ...
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Five CBN MPC Members Back 50bps Rate Cut despite rates retention
Five members of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) voted for a 50-basis-point reduction in the Monetary ...
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South Africa on Track to Hit New 3% Inflation Target by 2026, Says SARB Governor
South Africa’s inflation is on course to meet the central bank’s newly set target of 3% in 2026, according to ...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.