September 25, 2024/CSL Research Contrary to general consensus and our forecast, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 50bps to 27.25% from 26.75% at the close of its 297th Monetary Policy Committee (MPC) meeting on 24 September 2024. […]
OPINION/EDITORIAL
Post MPC September 2024: MPC Raises MPR by Additional 50Bps
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 […]
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 […]
