January 25, 2023/United Capital Research Yesterday, the Monetary Policy Committee (MPC) concluded its 289th meeting. At the press briefing, the committee’s Chairman, Godwin Emefiele, announced the committee’s decision to raise the Monetary Policy Rate (MPR) by 100bps, bringing it to 17.5%. The committee also voted to retain the asymmetric corridor […]

January 25, 2023/CSL Research According to new data from the Nigerian Communications Commission, the total number of subscriptions grew from 195.13 million as of December 2021 to 222.23 million as of December 2022. This is despite the implementation of the Federal Government’s National Identification Number-Subscriber Identity Module policy. At the […]

January 24, 2023/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) unanimously voted to increase the Monetary Policy Rate (MPR) further by 100bps to 17.5% at its first meeting of 2023, representing the fifth consecutive rate hike since the CBN commenced its monetary policy tightening […]