July 19, 2022/OilPrice.com Chart of the Week – Dropping copper prices are often viewed as a crucial indicator in forecasting a future economic recession, hence the nickname Dr. Copper, and it seems that we have entered exactly that period. – Since April, copper has lost almost a third of its […]
OPINION/EDITORIAL
Post MPC July 2022: MPC Raises Key Policy Rate by 100bps to 14.0% – Highest Since February 2019
July 19, 2022/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) unanimously voted to increase the Monetary Policy Rate (MPR) by 100bps to 14.0% – the second consecutive rate hike to the highest level in 42 months. The hike brings the total rate increase so […]
June 2022 Inflation Report: Unrelenting Pressure on Inflation
July 18, 2022/CSL Research Please click to download our June 2022 Inflation Update Recently released report from the National Bureau of Statistics revealed that headline inflation maintained the upward trajectory witnessed in previous months. This marked the fifth-month consecutive increase in the year and the largest gain since December 2016. […]
