Topic
Interest Rates
Uganda Shilling Hits Record Low Near Shs4,250/$ as Central Bank Returns to Dollar Sales
The Uganda shilling fell to a record low near Shs4,250 per dollar, wiping out the gains from a 225-point rate hike. Why it is sliding and what comes next.
Bank of Industry Lending Target: BOI Wants N1.85 Trillion a Year by 2027, Three Times What It Lent in 2025
Bank of Industry lending is set to rise to N1.85 trillion a year by 2027, from N625 billion in 2025, MD Olasupo Olusi says. The targets, the funding and the risks.
FGN Bond Auction: DMO Sells N1.21 Trillion as Investors Pile Into the 2036 Paper at 17.29%
The October FGN bond auction drew N1.75 trillion in bids and the DMO sold N1.21 trillion. The September 2036 bond took N781 billion at a 17.29% marginal rate.
Nigeria Private Sector Credit Falls N537.6bn in September Despite the CBN's Biggest Rate Cut Since 2006
Nigeria's private sector credit fell N537.6bn to N83.93trn in September, even after the CBN's 350bp rate cut. What is holding back bank lending in Nigeria.
Nigeria 10-Year Bond Yield Climbs to 17.05% as US, Kenya and South Africa Yields Fall
The Nigeria 10-year bond yield rose 46 bps to 17.05% while US, Kenyan and South African yields fell. Here is what the October FGN bond auction tells investors.
South Africa Inflation Rises to 4.5% as Transport Costs Jump 10.8%
South Africa inflation rose to 4.5% in September from 4.4%, driven by a 10.8% jump in transport costs, keeping prices well above the SARB's 3% target.
Kenya GDP Growth Holds at 5.1% in Q2 2026 Despite $104 Oil
Kenya GDP growth reached 5.1% in Q2 2026, up from 4.9% a year earlier, as electricity, hotels and ICT outpaced farming. What it means for rates and the shilling.
Nigerian Banks Park N6 Trillion at the CBN After N2.4 Trillion OMO Repayment
Nigerian banks' CBN deposits topped N6 trillion after a N2.41trn OMO repayment, as the DMO rejected about 74% of bids at its latest Treasury bill auction.
Nigeria Debt Interest Hits 124% of Revenue as Finance Ministry Disputes World Bank
Nigeria debt interest reached N7.7trn in H1 2026, 124% of federal revenue, says the World Bank. The Finance Ministry says the comparison misleads.
CBN 350bps MPR cut to drive equities demand as investors rotate from fixed income
The CBN's record 350bps rate cut to 23% is set to push investors from fixed income into equities — here's what's driving the shift and what to watch.
African Central Banks Hold the Line as Inflation Shapes Rate Decisions
Nigeria, South Africa and Kenya kept their benchmark interest rates unchanged as policymakers balanced inflation risks against economic growth. The decisions highlight the different pressures facing three of Africa's largest economies.