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. […]

(IMAGE: LOGAN-00/ISTOCK BY GETTY IMAGES) November 24, 2021/IMFBlog By Rasmane Ouedraogo and David Stenzel Stopping violence against women is not only a moral imperative, new evidence shows that it can help the economy. It’s being called the “shadow pandemic”—an increase in physical, sexual and emotional abuse of women is taking place amid the […]

November 24, 2021/CSL Research Recently, the Nigerian Petroleum Industry Act (PIA) was enacted. The act provides for the complete deregulation of the downstream sector – a provision which should ordinarily imply an end to the subsidy regime in Nigeria. Contrary to the provisions of the act however, the Federal Government […]