Central banks Archives

IMF to central banks: Stop financing excessive government debt

The International Monetary Fund (IMF) has urged central banks to refrain from monetising excessive government debt. Debt monetisation is when a government borrows money from the central bank to finance

Oil price falls below $80 a barrel as central banks hike interest rates

Oil prices, on Friday, fell as the market assessed the aftermath of interest rate hikes at central banks. Brent crude futures fell 2.28 percent to $78.87 per barrel while West

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Osinbajo: Why CBN needs to adopt blockchain technology

Vice-President Yemi Osinbajo says Nigeria may need to further broaden the scope of its banking licences in order to accommodate more players in the financial mediation value chain. Osinbajo said

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