CBN to raise N177bn via treasury bills auction
30 June 2017 | 10:31 am
The Central Bank of Nigeria plans to raise 177 billion naira of short-dated Treasury bills at an auction on the 5th of July to finance the country's budget deficit, help manage liquidity and curb inflation.
30 Jul 2021
It's the first time since the global financial crash that inflation in Germany has reached such levels. The coronavirus pandemic is not the only factor driving the surge.
17 Oct 2021
Rising inflation suggests economic recovery is going well in the EU's east. But as Poland joins its neighbors in tightening monetary policy to stem further rises, is this the start of an era of higher borrowing costs?
23 Oct 2021
In Turkey, young people recently expressed their frustration with the authorities when students protested an ongoing spike in housing prices. This protest movement reflects the growing difficulties of the general population amid sky-high living costs, even as the government refuses to acknowledge the economic crisis. Our Istanbul correspondents Ludovic de Foucaud, Hussein Asad and Shona Bhattacharyya report.
19 Nov 2021
The US consumer price index rose at an annual rate of 6.2 percent in October, its biggest jump since 1990. Also, amid the country's tight labour market, Starbucks workers hope to form the first-ever unions at the company's US branches. Finally, Tesla CEO Elon Musk sells $5 billion in company shares.
20 Nov 2021
Pakistan is witnessing an unprecedented economic turmoil, with the inflation rate rising exponentially. DW spoke to some locals who say it has become impossible for them to make ends meet.
18 Nov 2021
Inflation is continuing to soar in advanced economies around the world. In the UK, the consumer price index rose by 4.2 percent in October, the highest in a decade, while the eurozone's inflation rate hit a 13-year high. Also in the show: the EU proposes new rules to combat deforestation, and thousands of Chinese millennials seek a new life on rural farms.
25 Nov 2021
France's popular, government-regulated tax-free savings account scheme, known as the "Livret A", is likely to raise interest rates in February after recording the biggest deposit outflow since 2014.
5 Dec 2021
The omicron variant of Covid-19 has added a fresh layer of uncertainty to global stock markets. Rabobank's Senior Market Strategist Christian Lawrence talks us through the latest volatility, and what he expects from central banks in the coming weeks. Also in the show: India's coal mines could hamper the country's efforts to reduce carbon emissions.
4 Dec 2021
In October, the Central Bank of Nigeria launched the hugely-anticipated eNaira, joining the small league of countries to own their digital currency. But it hasn’t been smooth sailing for the currency that, according to the CBN, offers more possibilities. What do you think about the eNaira? How would you describe your experience with the eNaira app?
16 Dec 2021
The Federal Reserve is paving the way for possible interest rate hikes next year, in an effort to contain stubbornly high inflation. At the conclusion of a two-day policy meeting Wednesday, the central bank announced plans to phase out its large-scale bond-buying program faster than initially planned. The Fed started purchasing bonds during the pandemic as a way to keep borrowing costs across the economy low and to prevent any market disruptions.
25 Dec 2021
2021 brought big changes to households and businesses around the world. In the last show of the season, Stephen Carroll and Kate Moody take a look at some of the biggest business and economic stories of the year and how they might evolve in 2022.
Inflation in Turkey has soared to its highest level in nearly two decades. Despite the 36% surge in consumer prices, President Recep Tayyip Erdogan has defended his unorthodox economic vision. France 24 Correspondent Jasper Mortimer has the latest from Ankara. Also in the show - the French government expands emergency support for businesses affected by the pandemic, and Apple becomes the first US company to be worth $3 trillion.
52 mins ago
Bangladesh's ruling Awami League has a firm grip on the country's politics, and experts say electoral reform is needed to break the one-party monopoly.
52 mins ago
The German government has adopted an action plan against antisemitism that is being described as a milestone. But much depends on its implementation, with antisemitic hate speech on the rise.
52 mins ago
India's central bank hopes a digital rupee will facilitate cheaper and easier financial transactions, as well as protect people from the volatility of private cryptocurrencies.
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OSCE foreign ministers are meeting in Poland, which did not invite Russia's Sergey Lavrov in light of the war in Ukraine. Moscow railed against this step, Western countries argued the Kremlin only had itself to blame.
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President Vladimir Putin condemns moves by G7 nations to impose a cap on the price of Russian oil and EU states looking to introduce a price cap on Russian gas. At an economic forum in Vladivostok he said that sanctions against his country 'threaten the whole world.'