…to economic reforms, including fuel subsidy removal, exchange rate adjustments and high interest rates, significant public funds were allegedly being spent outside official budgetary processes. The former vice president maintained that greater fiscal transparency could have provided resources to stimulate economic grow…
…new Kenyan CEOs since January 2026. Kenya’s banks are simultaneously navigating falling interest rates, a digital transformation race, and intensifying competition from South African lenders, such as Nedbank, which is acquiring 66% of NCBA, and Absa Group itself, pushing deeper into the market. The leadership carousel…
…peace agreement could reduce inflationary pressures globally and create room for lower interest rates. He noted that several central banks have already begun easing monetary policy and suggested that the CBN could eventually follow suit. "If the CBN does not reduce rates at its next meeting, it may decide to maintain t…
…robust US employment data, are strengthening the American dollar and increasing global interest rates. This causes foreign investors to withdraw capital from emerging markets, including Nigeria, and move funds into US dollar assets. The Nigerian stock market remains substantially higher than at the start of the year de…