Nigeria's central bank raises interest rate to 24.75 pct

**This is a 60-seconds sample of the video. For the full version, please contact us.**

Nigeria's central bank raises interest rate to 24.75 pct

STORY: Nigeria's central bank raises interest rate to 24.75 pct SHOOTING TIME: March 26, 2024 DATELINE: March 28, 2024 LENGTH: 00:00:56 LOCATION: Abuja CATEGORY: ECONOMY SHOTLIST: 1. various of Abuja 2. various of aerial shots of the Central Bank of Nigeria 3. various of Abuja 4. various of the meeting attended by Yemi Cardoso 5. SOUNDBITE (English): YEMI CARDOSO, Governor of Central Bank of Nigeria STORYLINE: The Central Bank of Nigeria (CBN) on Tuesday further raised the monetary policy rate by 200 basis points to 24.75 percent amid rising inflation in the most populous African country. The move, made barely one month after it raised the interest rate to 22.75 percent, was in consideration of the current inflationary pressures and the need to anchor inflation expectations as well as ensure sustained exchange rate stability, CBN Governor Yemi Cardoso, who chairs the Monetary Policy Committee, told the media at the end of a meeting in the capital of Abuja. SOUNDBITE (English): YEMI CARDOSO, Governo

  • Product Code
  • ILEA002502096
  • Registered date
  • 2024/3/28 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 32.11(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Ghana aims to cut malaria deaths by 90 pct by 2028: official

    STORY: Ghana aims to cut malaria deaths by 90 pct by 2028: official SHOOTING TIME: April 25, 2024 DATELINE: April 27, 2024 LENGTH: 0:01:44 LOCATION: Accra CATEGORY: HEALTH SHOTLIST: 1. various of blood tests 2. various of the World Malaria Day 3. SOUNDBITE (English): NANA YAW PEPRAH, Deputy program manager of the National Malaria Elimination Program STORYLINE: Ghana aims to reduce malaria deaths by 90 percent by 2028, Nana Yaw Peprah, deputy program manager of the National Malaria Elimination Program in Ghana, said on Thursday. Peprah said on the sidelines of an event marking World Malaria Day in the Ghanaian capital of Accra that the country would start piloting mass drug administration in selected districts to treat all positive malaria cases promptly. He added that under the program, chemoprevention will be introduced to reduce the incidence of malaria and malaria deaths among infants and children, who are most vulnerable to the disease. Even though the project requires a lot of investment,

      Bank of Japan keeps interest rate unchanged, yen sinks below 156

      STORY: Bank of Japan keeps interest rate unchanged, yen sinks below 156 SHOOTING TIME: file DATELINE: April 27, 2024 LENGTH: 00:01:37 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of city view in Tokyo 3. various of fresh food in supermarkets 4. various of city view in Tokyo STORYLINE: The Japanese central bank on Friday maintained its policy rate unchanged after wrapping up its two-day policy meeting, which sent the Japanese yen to its fresh 34-year low past the 156 line. The Bank of Japan (BOJ) decided to guide short-term interest rates in a range of zero and 0.1 percent, a month after it ended the negative interest rate policy in its first rate hike in 17 years. The announcement weakened the country's currency against the U.S. dollar to the lowest level since May 1990, raising the risk of forex intervention by Japanese authorities. The BOJ, which also maintained its policy regarding government bond buying, said the country's core inflation, which excludes volatile

        Students in UK wowed by time-honored cultural treasures of China

        STORY: Students in UK wowed by time-honored cultural treasures of China SHOOTING TIME: April 25, 2024 DATELINE: April 26, 2024 LENGTH: 0:04:10 LOCATION: London CATEGORY: SOCIETY SHOTLIST: 1. various of Chinese Language Day event 2. SOUNDBITE 1 (English): JOAN DESLANDES, Head teacher of Kingsford Community School in east London 3. SOUNDBITE 2 (English): DEVINA MISTRY, Student, Queen Mary High School 4. SOUNDBITE 3 (English): KATHARINE CARRUTHERS, Strategic Director of the Mandarin Excellence Programme, IOE, UCL's Faculty of Education and Society STORYLINE: The virtual tour of China's Sanxingdui Museum was held on Thursday in central London during an event in celebration of Chinese Language Day of this year, which was attended by about 100 students from four schools. The event, hosted by the Chinese Bridge Club and the Chinese Proficiency Test UK Committee, marked the end of the 2024 International Chinese Language Day activities across Britain. During the event, six on-site workshops offered the students a

          Turkish central bank keeps policy rate unchanged at 50 pct

          STORY: Turkish central bank keeps policy rate unchanged at 50 pct SHOOTING TIME: Earlier footage DATELINE: April 26, 2024 LENGTH: 00:01:04 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Central Bank 2. various of Turkish lira STORYLINE: Türkiye's central bank on Thursday kept its interest rate unchanged at 50 percent, saying that the monetary policy decisions in March have led to a significant tightening in financial conditions. "Considering the lagged effects of the monetary tightening, the committee decided to keep the policy rate unchanged, but reiterated that it remains highly attentive to inflation risks," the bank said in a statement, adding that it will maintain the tight monetary stance until a significant and sustained decline in monthly inflation is observed. Despite the ongoing decline, the underlying trend of monthly inflation in March was higher than expected, the statement said. "While imports of consumer goods and gold contribute to the improvement in the current

            Kenya celebrates opening of Chinese-built parliament building

            STORY: Kenya celebrates opening of Chinese-built parliament building SHOOTING TIME: April 25, 2024 DATELINE: April 26, 2024 LENGTH: 00:03:43 LOCATION: Nairobi CATEGORY: SOCIETY SHOTLIST: 1. various of new parliament building 2. various of the ceremony 3. SOUNDBITE (English): WILLIAM RUTO, Kenyan President 4. various of the ceremony 5. various of interior of the Bunge Tower STORYLINE: Kenyan President William Ruto Thursday commissioned the completion of the Chinese-built parliament building in the country's capital of Nairobi. The 28-storey Bunge Tower, which cost 9.6 billion Ksh (about 72 million U.S. dollars), will house offices for the country's members of parliament. Speaking during the opening ceremony of the building, the president noted that he expects a "world-class" performance from Kenyan Members of Parliament (MPs). SOUNDBITE (English): WILLIAM RUTO, Kenyan President "It's my pleasure this morning to celebrate the culmination of a highly symbolic development project which is a significant mile

              Growing public debt burden, shrinking fiscal space leave Africa at crossroads: UNECA

              STORY: Growing public debt burden, shrinking fiscal space leave Africa at crossroads: UNECA SHOOTING TIME: April 24, 2024 DATELINE: April 25, 2024 LENGTH: 0:01:39 LOCATION: Addis Ababa CATEGORY: SOCIETY/ECONOMY SHOTLIST: 1. various of the 10th Africa Regional Forum on Sustainable Development 2. SOUNDBITE (English): CLAVER GATETE, Executive secretary of the United Nations Economic Commission for Africa (UNECA) 3. various of the 10th Africa Regional Forum on Sustainable Development STORYLINE: The growing burden of public debt due to climate-related disasters and the shrinking fiscal space because of increasing financing needs have put Africa at a crossroads, Claver Gatete, executive secretary of the United Nations Economic Commission for Africa (UNECA), has said. The executive secretary made the remarks on Tuesday at the opening of the 10th Africa Regional Forum on Sustainable Development in Addis Ababa, the capital of Ethiopia. The forum's theme is "Reinforcing the 2030 Agenda for Sustainable Development

                A glimpse of cutting-edge industrial technologies at ongoing Hannover Messe 2024

                STORY: A glimpse of cutting-edge industrial technologies at ongoing Hannover Messe 2024 SHOOTING TIME: April 23-24, 2024 DATELINE: April 25, 2024 LENGTH: 00:02:43 LOCATION: HANNOVER, Germany CATEGORY: TECHNOLOGY SHOTLIST: 1. various of the Hannover Messe 2024 2. SOUNDBITE 1 (English): MAXIMILIAN SIEGHARDT, Digital consultant of MotorSkins 3. SOUNDBITE 2 (English): STEFAN ZETZSCH, Co-founder of Hydrabyte 4. SOUNDBITE 3 (English): MATTHEW KEEVER, FAE Solution engineer 5. SOUNDBITE 4 (Chinese): HU TIANLIAN, Chairman of DFRobot STORYLINE: Hannover Messe 2024, Germany's leading industrial trade fair, kicked off on Monday. The exhibition, focused on "energizing a sustainable industry," runs until Friday and has attracted almost 4,000 exhibitors from approximately 60 countries and regions. Chinese exhibitors accounted for 30 percent of participants, second only to the host country of Germany. SOUNDBITE 1 (English): MAXIMILIAN SIEGHARDT, Digital consultant of MotorSkins "This is MotorSkins, a Berlin-based sta

                  From Dutch fields to Chinese soil: the blossoming journey of tulips

                  STORY: From Dutch fields to Chinese soil: the blossoming journey of tulips SHOOTING TIME: April 22, 2024 DATELINE: April 24, 2024 LENGTH: 00:01:10 LOCATION: Amsterdam CATEGORY: ECONOMY SHOTLIST: 1. various of tulips 2. various of Jan de Wit en Zonen B.V. 3. SOUNDBITE (English): JAN DE WIT, CEO of Jan de Wit en Zonen B.V. 4. various of China STORYLINE: A Dutch flower wholesaler has expressed deep commitment to the Chinese market, placing strong confidence in the promising growth and opportunities awaiting his business in China. Dubbed as the land of tulips, the Netherlands' annual tulip season runs from mid-March to mid-May. Nestled in one of the country's major tulip-growing regions, Jan de Wit en Zonen B.V. is a century-old family business that has tapped into the markets of China and the Asia region. SOUNDBITE (English): JAN DE WIT, CEO of Jan de Wit en Zonen B.V. "Now we are very happy to have cooperated so many years with our partners in China. When it was in the beginning, we just sent a box of tul

                    Nigerian leader calls for regional counter-terrorism effort to address poverty, inequality

                    STORY: Nigerian leader calls for regional counter-terrorism effort to address poverty, inequality SHOOTING TIME: April 22, 2024 DATELINE: April 24, 2024 LENGTH: 00:02:17 LOCATION: Abuja CATEGORY: POLITICS SHOTLIST: 1. various of the heads of state and officials arriving at the meeting 2. various of the meeting 3. SOUNDBITE (English): BOLA TINUBU, Nigerian President STORYLINE: Nigerian president Bola Tinubu called on Monday for the establishment of a regional counter-terrorism center that will serve as a hub for intelligence sharing, operational coordination, and capacity building throughout Africa. Speaking at an international meeting in Abuja, the capital of Nigeria, Tinubu said that Africa must take a comprehensive approach to combating terrorism. This includes not just the use of might, but also addressing root causes such as poverty, inequality, and social injustice. SOUNDBITE (English): BOLA TINUBU, Nigerian President "We must also attack the roots that feed this evil branch. Terrorism is becoming

                      E-mobility conference opens in Kenya to accelerate adoption of green transport sector

                      STORY: E-mobility conference opens in Kenya to accelerate adoption of green transport sector SHOOTING TIME: April 23, 2024 DATELINE: April 24, 2024 LENGTH: 00:02:42 LOCATION: Nairobi CATEGORY: ECONOMY SHOTLIST: 1. various of the conference 2. SOUNDBITE (English): ALEX WACHIRA, Principal secretary, Kenyan Ministry of Energy and Petroleum 3. various of the expo STORYLINE: The second edition of the Kenya Power E-Mobility Conference opened in the capital of Nairobi on Tuesday, as the East African country seeks to accelerate the adoption of green modes of transportation. The two-day e-mobility conference is organized by Kenya Power, the state-owned electricity distributor. It brings together more than 200 delegates, including government officials, donors, and e-mobility experts from around the world, to explore innovative and transformative solutions to decarbonizing the transport sector. SOUNDBITE (English): ALEX WACHIRA, Principal secretary, Kenyan Ministry of Energy and Petroleum "The demand of power,