September 28, 2022/EBRD By Vanora Bennett EBRD continues to expect Ukraine’s economy to shrink by 30 per cent in 2022 Bank lowers 2023 GDP growth forecast from 25 per cent to 8 per cent EBRD Regional Economic Prospects (REP) report highlights war-induced uncertainty Russia’s war on Ukraine will cause the latter’s […]
OPINION/EDITORIAL
Grid Collapses for the Seventh Time in 2022
September 28, 2022/CSL Research Nigeria suffered another nationwide power outage on Monday morning after the national electricity grid collapsed for the seventh time in 2022. According to a Punch news report, industry figures seen on Monday indicated that power generation on the grid had risen to a peak of 4,100.80 […]
MPC Review: Another Shocking 150bps Increase
September 28, 2022/CSL Research The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) in another shocking move, further raised the Monetary Policy Rate (MPR) by 150bps to 15.5% from 14.0% at the end of its penultimate Monetary Policy Committee (MPC) meeting yesterday. The major considerations remained inflation […]
