July 27, 2023/CSL Research The National Bureau of Statistics (NBS) reported that the average price for Premium Motor Spirit (PMS) advanced by 129.23% m/m and 210.31% y/y to N545.38/litre from the average price of N238.11/litre and N175.89/litre in May 2023 and June 2022 respectively. The average price of National Household […]
OPINION/EDITORIAL
Post-MPC Note: Hawkish Monetary Policy Tone Persist
July 27, 2023/United Capital In its July 2023 meeting, the Monetary Policy Committee (MPC) concluded with a decision to raise the Monetary Policy Rate (MPR) by 25 basis points (bps) to 18.75% from the previous rate of 18.50%. The decision was supported by four members of the committee, while the […]
Tuvalu Needs to Build Resilience Amid Threat from Rising Seas
Photo Credit: Tala/Adobe Stock IMF COUNTRY FOCUS July 26, 2023/IMF By Diego A. Cerdeiro, Roman D. Merga and Chris Redl Tuvalu’s population of 11,000 is spread across nine Pacific islands that rise less than five meters above sea level, underscoring its extraordinary challenges from climate change. Tuvalu experienced remarkably limited […]
