William Ruto

Business

Kenya’s President Appoints Dr. Thugge As 10th Central Bank Governor

Sam Diala, THEWILL -
May 16, (THEWILL) – Kenya’s President, William Ruto, has appointed Dr Kamau Thugge as the 10th Central Bank Governor of Kenya. Dr Thugge’s appointment comes ahead of the imminent retirement of Dr Patrick Njoroge, the current Central Bank Governor...
Global News

William Ruto Sworn In As Kenya’s President

Aina Ojonugwa, THEWILL -
September 13, (THEWILL) – Tens of thousands of spectators packed the Kasarani stadium in Nairobi, on Tuesday, to watch William Ruto being sworn in as Kenya's fifth president. "I William Samoei Ruto, in full realisation of the high calling I...
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Osinbajo Departs Abuja For Kenya’s Presidential Inauguration

Aina Ojonugwa, THEWILL -
September 13, (THEWILL) – Vice President Yemi Osinbajo on Tuesday, departed Abuja for Nairobi, to represent Nigeria at the inauguration of William Ruto, as the fifth President of Kenya. The Senior Special Assistant to the President on Media and Publicity,...
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BusinessOgochukwu Onwaeze, THEWILL -

CBN Cuts Rates By 350bps, But Banks Still Earn Above 17 Percent On Securities

The CBN reduced its Monetary Policy Rate from 26.5 percent to 23 percent in September, signalling a shift towards a less restrictive monetary policy environment. However, yields on Open Market Operations bills and Federal Government bonds have remained elevated, cushioning the immediate impact of the policy change on banks’ investment income.
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