Tag: interest
GTCO Reports Interest Income of N458bn Despite Rising Costs
Guaranty Trust Holding Company (GTCO) reported a rise in interest income to N458.5 billion for the first quarter of 2026, up from N386 billion last year. The growth was driven by increased interest from loans and advances to customers, which rose by around 25%. However, the banking group saw a 15.4% drop in net profit
Bank of Canada set to keep interest rate unchanged as oil prices push inflation higher
The Bank of Canada is expected to keep its benchmark interest rate unchanged at 2.25 percent when it announces its latest decision.The central bank will also release its updated economic outlook in its quarterly monetary policy report.Economists say the decision comes as policymakers weigh...
High Interest Rates Threaten Growth, Stakeholders Warn CBN
CBN Governor, Olayemi Cardoso High interest rates remain a major concern for businesses, with stakeholders warning that persistently tight monetary policy could slow economic growth and limit access to credit. President of the Enugu Chamber of Commerce, Industry, Mines and Agriculture, Nnanyelugo Onyemelukwe, said the Central Bank of Nigeria’s (CBN) reforms have strengthened transparency and
All about TAO’s 15% hike and how its Open Interest hit new highs
Bittensor (TAO) is making waves. Especially since a t press time, TAO stood out as one of the day’s biggest gainers. The altcoin recorded a 15% daily surge, sparking fresh interest from both traders and investors. Needless to say, this sharp move has triggered a noticeable shift in market activity, with buyers further extending their dominance.
Interest in Lookman soars despite Atalanta scuffle
Soccer
Monza, Italy, 4th May 2025. Ademola Lookman of Atalanta during the AC Monza vs Atalanta Serie A match at U-Power Stadium, Monza. .
Super...
“There was interest”
Soccer
Super Eagles midfielder Alex Iwobi has admitted that he could have joined Nottingham Forest in 2023, but the transfer did not work out,...
NBE, Banque Misr cut interest rate on US dollar CDs
Banque Misr and the National Bank of Egypt (NBE) on Tuesday announced a reduction in the interest rate for the three-year dollar-denominated certificates of deposits (CDs) with a quarterly return to five percent – down from six percent annually. The interest rate on the three-year CDs with a prepaid return...
Bank of Canada cuts its key interest rate to 2.75% as tariffs roil economy
OTTAWA —The Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday as the tariff battle with the United States starts to weigh on the Canadian economy. The policy rate stands at 2.75 per cent after the central bank’s seventh consecutive rate cut...
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About 1,200 people evacuated from coastal wildfire in northern France
PARIS, Aug 12 - About 1,200 people were evacuated from a campsite due to two wildfires near the beach in the north of France, local officials said on Wednesday. The prefecture for the administrative department of Pas-de-Calais, in the country's north and bordering the Strait of Dover, said one of the wildfires was under control
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XAI Grok 4.6 Is Near Frontier Capable But 85% Lower Cost
SpaceXAI Grok 4.6 is roughly the same performance as Fable 5 Max at an 85% discount. 80% cheaper for input tokens and 88% cheaper for output tokens. It is pareto dominant. Grok 4.7 will be significantly better as is a much larger model with the Cursor and SpaceX data included in pretraining. Grok 4.6 is
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Done Deal: Romero ready for Parma in €7m agreement with Tigre
BUENOS AIRES, ARGENTINA - FEBRUARY 07: David Romero of Tigre celebrates after scoring his team's second goal during a Torneo Apertura Mercado Libre 2026 match between River Plate and Tigre at Estadio Más Monumental Antonio Vespucio Liberti on February 07, 2026 in Buenos Aires, Argentina. (Photo by Marcelo Endelli/Getty Images) Tigre striker David Romero is
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Osun: Don’t turn election into war, Atiku tells FG
Presidential Candidate of the African Democratic Congress (ADC), Atiku Abubakar, has warned the Independent National Electoral Commission (INEC), security agencies and the Tinubu administration against militarising the Osun governorship election or deploying state institutions for partisan advantage. Speaking at the ADC National Youth Leadership Summit in Abuja, Atiku declared that “Osun is a test” of
Burnham’s
Burnham’s devolution drive could ‘push 90,000 jobs out of London’
Wednesday 12 August 2026 5:16 pm Nearly 10,000 jobs are expected to leave the capital by 2031 Roughly 90,000 of London’s white-collar jobs could be pushed into other parts of the country as Andy Burnham accelerates his devolution drive, a top recruitment firm has predicted. Legal, banking and accounting firms could be among those to