Saturday, 28th January 2023
Breaking News:


23 Dec
The European Central Bank "will succeed" in bringing down sky-high inflation, president Christine Lagarde said in a holiday message on Friday, as the eurozone braces for more interest rate hikes in 2023.
16 Nov
The recent collapse of a major cryptocurrency exchange platform that has sent shockwaves through the largely unregulated sector is "not a surprise", a top European Central Bank official said Wednesday.
27 Oct
As eurozone inflation soars towards 10 percent, the European Central Bank on Thursday again raised interest rates aggressively to try and bring rising prices under control.
24 Oct
The European Central Bank is expected to set aside recession worries and deliver another jumbo interest rate hike this week to cool inflation, as Russia's war on Ukraine sends energy prices soaring.
26 Sep
The European Central Bank expects to keep hiking interest rates to combat soaring inflation, its president Christine Lagarde said Monday, even as economic activity slows and fears of recession mount.
12 Sep
The euro soared against big rivals Monday, a day after Bundesbank president Joachim Nagel signalled more interest rates hikes from the European Central Bank to fight sky-high inflation.
21 Jul 2022
The European Central Bank is set to raise its interest rates for the first time in over a decade on Thursday as fears of a gas supply cut cloud the outlook for the eurozone economy.
18 Jul 2022
In a big case of Italian deja vu, political turmoil and the ECB's rate hike have reignited fears of a debt crisis, with all eyes on borrowing costs once more.
11 May 2022
European Central Bank chief Christine Lagarde hinted Wednesday at a first interest rate hike in July to tackle soaring inflation, echoing the actions of other major central banks and heralding the end of the eurozone's cheap money era.
9 May 2022
European Central Bank chief Christine Lagarde rejected union calls to peg wages to inflation at the Frankfurt-based institution as consumer prices in the eurozone soar.
14 Apr 2022
The European Central Bank on Thursday stood still in the face of record inflation, keeping its stimulus plans and rates unchanged, as the war in Ukraine cast a pall over the eurozone economy.
11 Apr 2022
European Central Bank governors meet Thursday to ponder record-high inflation and fresh economic uncertainty caused by the war in Ukraine, with policymakers signalling a willingness to take action sooner rather than later.


4 mins ago
It was a moment of jubilation and anger in Osun State yesterday, as the State Governorship Election Petition Tribunal sitting in Osogbo declared former governor Adegboyega Oyetola as the winner of the July 16, 2022, governorship election.
13 mins ago
Latasha Gillespie is the Global Head of Diversity, Equity Inclusion and Accessibility at Amazon Studios and Prime Video.
22 mins ago
Stefanos Tsitsipas defeated Karen Khachanov 7/6(2); 6/4; 6/7(8); 6/3 to set up a clash with Novak Djokovic, who is chasing a tenth title and a record tying 22nd Grand Slam.
22 mins ago
Technology is one of the key drivers of female economic empowerment, though the fields women participate in are still gendered. Joyce Agbanobi and her team are trying to fix that problem through their Black Women Paving Ways Initiative.
22 mins ago
Nigerians, banked or unbanked, are currently racing against time to rid their purses and wallets of N200, N500 and N1, 000 notes, following the insistence by the Central Bank of Nigeria (CBN) on phasing them out as the country’s legal tender on January 31, 2023.