OPINION/EDITORIAL

MPC Review: MPC Remains Contractionary with a Further 100bps Increase

January 26, 2023/CSL Research The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 100bps to 17.5% from 16.5% at the end of its first Monetary Policy Committee (MPC) meeting for the year 2022. The MPC decided to retain all other […]

Global Economic Uncertainty Remains Elevated, Weighing on Growth

(Photo: Brendan Hoffman/IMF Photos) January 26, 2023/IMF By Hites Ahir, Nicholas Bloom, and Davide Furceri The shocks that have shaken the global economy in recent years have introduced a new normal for turbulence, driven in some cases by political fragmentation between countries. These episodes have also lifted uncertainty to exceptionally high levels, […]

2022 Budget Performance: Revenue Shortfalls Remain a Concern

January 26, 2023/United Capital Research According to the Budget Office of the Federation, revenue generation remains the major fiscal constraint of the Federal Government. Notably, revenue performance printed at 77.6% of the budgeted revenue, as total revenue between Jan – Nov 2022 stood at N5.9tn. Non-oil revenue performance stood at […]