OPINION/EDITORIAL

Gross External Reserves Declines $0.40bn Since FX Unification in June 2023

March 4, 2024/CSL Research Based on figures obtained from the Central Bank of Nigeria (CBN) website on movement of external reserves, the country’s external reserves have declined by US$0.40bn since the FX unification in June 2023. The figures show that external reserves fell from US$34.12bn as of 30 June 2023 […]

Troubled naira? Rising Inflation? How to protect your business and investments. An Explainer

March 4, 2024/Coronation Research By Omoleye Omoruyi The Nigerian economy faces a dual challenge: the drastic depreciation of the Naira and soaring inflation rates. But first, what is driving the fall of the naira? The Nigerian Naira (NGN) has experienced significant depreciation against major currencies. As the exchange rate fluctuates, […]

The Monetary Policy Dilemma: Price Stability vs Economic Growth?

Kindly click here to download the report or visit the FSDH Research to view all our reports.  March 1, 2024/FSDH Research THE CONSIDERATION In February 2024, the newly constituted Monetary Policy Committee (MPC) held its first meeting for the year. This is also the first MPC meeting since July 2023. The meeting was held at a […]