Global bond sell-off intensifies, hitting housing markets
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Sensex, Nifty face pressure from rising US yields, crude and FII selling
Global financial conditions remain challenging, while technical indicators point to further weakness after Indian benchmarks broke key support levels
FG Cuts Interest Rate for Late Payment of Tax from October 1
Ndubuisi Francis and James Emejo in Abuja The federal government yesterday issued the Nigeria Tax Administration (Interest on Late Payment of Tax) Order, 2026, which sets the applicable interest rate
- Nigeria reduces late tax payment interest rate from October 1, 2026
- New rate tied to market rates, lower than previous five percentage points
- Foreign currency tax rate set at SOFR plus six percentage points
Japan’s Katayama says BoJ's latest rate hike was done to achieve inflation target
Japanese Finance Minister (FM) Satsuki Katayama said on Friday that the latest rate hike from the Bank of Japan (BoJ) was done to achieve the inflation target.
From Macroeconomic Stabilization to Shared Prosperity: Why Fiscal-Monetary Coordination and Lower Interest Rates Matter for Nigeria
BY Mukhail Adetokunbo Abiru Nigeria’s economic management has reached an important inflection point. After a difficult period of painful but necessary macroeconomic adjustment, there are now clearer…
- Nigeria's economy stabilized after macroeconomic adjustment period
- MoU between Finance Ministry and CBN for fiscal-monetary coordination
- CBN reduced MPR by 350 basis points to 23% for lower interest rates
Stock Market LIVE: GIFT Nifty signals positive open; Nikkei rises 1%; Brent crude near $106
Sensex Today | Stock Market LIVE Updates Friday: The GIFT Nifty indicated a slightly higher open for the Nifty50, while its Asian peers were mixed in early deals
Kobayashi in ¥500 billion buyout talks after red-yeast case
CVC Capital Partners and Nippon Sangyo Suishin Kiko are weighing a bid to take the company private, sources said.