September 24, 2024/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) unanimously voted to raise the MPR further by 50bps to 27.25% at its September policy meeting – making it the fifth consecutive increase in the year. The decision to tighten further was based on […]
OPINION/EDITORIAL
Oil Prices Surge on Supply Uncertainty, Demand Optimism, and Geopolitical Risk
September 24, 2024/Oilprice.com By Tom Kool, Editor, Oilprice.com In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week. We will then look at some of the key market movers early this week before providing […]
MPC Likely to Hold Rate
September 23, 2024/CSL Research As the Central Bank of Nigeria (CBN) holds its fifth Monetary Policy Committee (MPC) meeting of the year today and tomorrow, we expect the committee to keep the Monetary Policy Rate (MPR) unchanged at 26.75%. Although inflationary pressures persist, the recent decline in inflation over the […]
