May 20, 2022/Coronation Research The DMO held its monthly auction of FGN bonds on Monday this week. It offered N225bn but raised N378.4bn (USD900m) through re-openings of the 2025, 2032 and 2042 FGN bonds. The DMO secured a total bid of N575.6bn. The successful bids for the 3, 10 and […]
OPINION/EDITORIAL
Pre-MPC May 2022: MPC May Raise MPR to Stabilise the External Sector
May 19, 2022/Cordros Report The Monetary Policy Committee (MPC) is expected to hold its third meeting of the year on the 23rd and 24th of May 2022. Suppose the evolution of events in the international and domestic scenes since the last policy meeting is anything to go by, we envisage […]
Why Countries Must Cooperate on Carbon Prices
(PHOTO: IMF PHOTO/TAMARA MERINO) May 19, 2022/IMFBlog By Jean Chateau, Florence Jaumotte and Gregor Schwerhoff An international floor price for carbon could speed the world’s transition to green energy without compromising countries’ competitiveness. Recent surges in food and fuel costs are hurting households everywhere. The global spike in energy prices […]
