July 22, 2021/CSL Research Yesterday, news reports revealed that the Nigerian Exports Promotion Council (NEPC) is about to kickstart a N50bn Export Expansion Facility Program (EEFP), which is aimed at growing export earnings in the country. The fund as part of the Economic Sustainability Plan (ESP) would provide for financial […]
OPINION/EDITORIAL
Rates Trend Lower at July Bond Auction
July 22, 2021/United Capital Research Earlier on Monday, the Debt Management Office (DMO) conducted a FGN bond Primary Market Auction (PMA) with the following instruments on offer; 13.98% FGN FEB 2028 N50.0bn, 12.40% FGN MAR 2036 N50.0bn and 12.98% FGN MAR 2050 N50.0bn. At the auction, investor demand was healthy […]
Taming market power could (also) help monetary policy
July 21, 2021/IMFBlog By Romain Duval, Davide Furceri, and Marina M. Tavares Some central banks are currently debating whether to tighten monetary policy to fight inflationary pressures, after having eased decisively in response to the COVID-19 shock. In making such decisions, central bankers have to consider how much businesses and […]
