May 23, 2023/CSL Research The first refined Premium Motor Spirit (PMS), also called Petrol from Dangote Refinery and Petrochemicals, will hit Nigeria’s local market by end of July or beginning of August, chairman of Dangote Group, Alhaji. Aliko Dangote confirmed. Dangote made the disclosure in his remarks at the official […]
OPINION/EDITORIAL
Pre MPC Meeting Outlook
May 23, 2023/CSL Research 25bps rate hike likely as MPC concludes meeting. As the Central Bank of Nigeria (CBN) concludes its third Monetary Policy Committee (MPC) meeting of the year today, we anticipate a likely sustenance of its contractionary monetary measures, though we expect a very moderate 25bps increase in […]
Ghana: Likely Implications as IMF Approves USD3.00 billion Bailout
May 19, 2023/IMFBlog On 17 May, the IMF announced that its Executive Board approved the long-awaited USD3.00 billion 3-year Extended Credit Facility (ECF) for Ghana. We note that the approval comes after the Ghanaian government met all the pre-conditions and requirements, particularly receiving financial assurances from its bilateral creditors, including […]
