OPINION/EDITORIAL

Oil Prices Crash As Covid Does What Biden Couldn’t

November 26, 2021/OilPrice.com Renewed Covid fears have managed to do what Biden couldn’t, sending oil prices crashing as a new wave of demand destruction looms. Friday, November 26th, 2021  Oil prices experienced one of their worst trading days in recent memory on Friday, plunging across the board by over 10% […]

Lights Out, Addressing the Fundamentals?

November 25, 2021/CSL Research As part of President Muhammadu Buhari’s administrations move to bridge the wide gap of unmetered population in Nigeria, efforts are ongoing to commence the second phase of the National Mass Metering program (NMMP). According to the Godwin Emefiele, the Governor at the Central Bank of Nigeria, […]

CBN Keeps Rates Unchanged, Dollar in Focus

November 24, 2021/CMC Connect Written on 24/11/2021 by Lukman Otunuga, Senior Research Analyst at FXTM In a widely anticipated move, Nigeria’s central bank left its benchmark interest rates unchanged in November. All 10 members of the monetary policy committee voted to keep the rate at 11.5% to support economic growth. […]