March 16, 2023/InvestmentOne Report Please click to download our February 2023 Inflation Update According to the latest CPI figures from the NBS, inflation rose for the second consecutive month in February. Specifically, headline inflation climbed by 9bps to 21.91% y/y from the January reading of 21.82% y/y. This was primarily […]
OPINION/EDITORIAL
Currency slump sees surge in demand for dollars assets in West Africa despite greenback’s ongoing strength
Recent and ongoing global events have created massive demand destruction in crude oil, agricultural products and precious metals such as gold March 16, 2023 By Abiodun Adebimpe, Head of Custody Services for RMB West Africa The Russian-Ukraine war and the lingering impact of the COVID-19 pandemic have severely weakened West […]
Pre-MPC March 2023: Arguments in Favour of a 50bps Hike in MPR
March 16, 2023/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to hold its second meeting of the year on the 20th and 21st of March. Suppose the evolution of events in the international and domestic scenes since the last policy meeting is […]
