Monetary Policy Committee
31 Oct
Nigeria's money supply has grown by 62.8 per cent year-on-year (YoY) in September 2024, despite the tightening stance of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to mop up excess liquidity to control inflation.
25 Apr
Data sourced from the Central Bank of Nigeria (CBN) suggest the economy may be relapsing to cash hoarding again a year after the chronic currency scarcity even as the proportion of currency in circulation that is held outside the banking system has returned to the pre-naira redesign level.
1 Apr
As the hawkish tone of the Monetary Policy Committee (MPC) continues to worsen risk sentiments in the local bourse, the scramble for government debt instruments is currently pushing yield to unprecedented heights across segments.
4 Mar
There seems to be a realisation by both the fiscal and monetary authorities that checking the continuous downward slide of the naira is beyond a single line of policy action, hence the adoption of a multiplicity approach.
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