(Credit: Torsten Asmus by Getty Images) May 21, 2025/IMFBlog By Tobias Adrian, Kleopatra Nikolaou, Jason Wu The smooth functioning of government bond markets is important for the safety and soundness of broader capital markets, especially amid heightened financial market volatility. Bond markets recently adjusted sharply to an abrupt re-assessment of the global […]
OPINION/EDITORIAL
Clarification on Legal Proceedings and Implications for Fidelity Bank
May 21, 2025/CSL Research Fidelity Bank has issued a public statement in response to a recent publication by Peoples Gazette titled “EXCLUSIVE: Fidelity faces bankruptcy as Supreme Court orders banking giant to pay ₦225 billion damages to Nigerian firm.” The Bank refutes this claim and provides background to a long-standing […]
CSL Macro Report – MPC Takes Wait and See Approach
May 21, 2025/CSL Research As anticipated, the MPC decided to leave its benchmark policy rate unchanged at 27.5%. CBN governor Olayemi Cardoso explained that the rate hold was imperative to allow for a clearer assessment of emerging short-term economic developments. We still expect the MPC to cut its benchmark policy […]
