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 […]
OPINION/EDITORIAL
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 […]
September 2022 MPC Meeting: No Pause Expected in the MPC’s Tightening Stance
September 27, 2022/FBNQuest The monetary policy committee (MPC) will be concluding its two-day monetary policy meeting today. At its last meeting in July, committee members stressed the need to further tighten policy in order to stop the inflationary trend from continuing unabatedly. As such, committee members voted to raise the […]
