Tag: interest

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

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...

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

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.

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...

Soccer Super Eagles midfielder Alex Iwobi has admitted that he could have joined Nottingham Forest in 2023, but the transfer did not work out,...

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...

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...