Culled—Proshare March 23, 2020 by CSL Research In what can be regarded as an unexpected yet positive move, the Central Bank of Nigeria (CBN) on Friday moved the official exchange rate from N307/US$1 to N360/US$1. At the Investors and Exporters Window (I & E), the CBN also adjusted the NGN peg […]

Culled—Proshare March 23, 2020 by ARM Research The Monetary Policy Committee (MPC) is set to meet again amid a global epidemic of the Covid-19 virus which has rocked global markets. At its meeting in January, the MPC hiked the Cash Reserve Requirement by 500 bps to 27.5% in order to […]

Culled—Proshare March 23, 2020 by FBNQuest Research The monetary policy committee (MPC) meets today and tomorrow in Abuja. As we wait to see whether it joins the 39 monetary authorities that cut benchmark rates across the world last week, we also hold our breath ahead of possible changes to the […]