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Inflation

President/Chairman of Council, Prof. Pius Deji Olanrewaju(left); Executive Governor, Anambra State, Prof. Charles Chukwuma Soludo; Chairman, Body of Banks’ CEOs & GMD, United Bank for Africa, Oliver Alawuba, and Registrar/Chief Executive, Akin Morakinyo at the book launch of “The Power of One Man: How the Soludo-Engineered Consolidation Transformed Nigerian Banks to Global Players” in Lagos.

Stable interest rate depends on low inflation, says Cardoso

The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has stated that the country would witness stability in interest rates once the apex bank can control and reverse galloping inflation. Galloping inflation
10 hours ago
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inflation

German inflation slows more than expected in June

Germany’s inflation rate slowed more than expected in June, official data showed Monday, in welcome news for the European Central Bank following last month’s first interest rate cut since 2019. Inflation in
1 week ago
A picture shows the Bank of England, Britain's central Bank, in London on June 20, 2024. - The Bank of England on Thursday kept its key interest rate at a 16-year high despite slowing UK inflation, opting against a cut before Britain's general election next month. (Photo by Ben Stansall / AFP)

Bank of England freezes rate before UK election

The Bank of England on Thursday kept its key interest rate at a 16-year high despite slowing UK inflation, opting against a cut before Britain’s general election next month. While annual inflation
3 weeks ago
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