March 27, 2024/CSL Research According to recent reports citing the Nigerian Electricity Regulatory Commission (NERC), the electricity subsidy in Nigeria increased by 22.16% between 2019 and 2023, rising from N528 billion to N645 billion. With the release of the 2024 electricity tariffs in January, it is projected that the subsidy […]

IMF COUNTRY FOCUS Photo Credit: Lena Mucha/IMFPhoto March 27, 2024/IMF Germany is struggling. It was the only G7 economy to shrink last year and is set to be the group’s slowest-growing economy again this year, according to our latest projections. Some pundits say Germany’s economic model is irreparably broken. They argue […]

March 26, 2024/Coronation Research Twelve (12) members of the committee were in attendance. DECISION ▪ MPC hiked by +200bps to 24.75% ▪ Asymmetric corridor of the MPR adjusted to +100 / -300 bps ▪ CRR for commercial banks retained at 45%. ▪ CRR for merchant banks raised to 14% from 10% […]