Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%

On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 bazične točke (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority

Nigerian Lenders Frustrating CBDC’s Adoption — Central Bank Governor

Apathetic Nigerian lenders are frustrating the e-nairas adoption because they are worried this could deprive them of a key revenue source, Godwinov večer, the Central Bank of Nigeria (CBN) governor, has said. Emefiele said the central bank is working on a