Updates

Power: Metering Progress Still Slow

September 25, 2024/CSL Research According to a recent This Day report, which cites data from the Nigerian Electricity Regulatory Commission (NERC), only 115,767 electricity customers in Nigeria received metering devices between April and July. Out of the 13,293,739 registered electricity customers nationwide, the data revealed that as of July, only […]

Greenwich Merchant Bank Partners PSRG-Richardson on Sustainability for Inclusive Growth

September 25, 2024/Greenwich Merchant Bank Greenwich Merchant Bank Ltd and PSRG-Richardson have partnered on the key strata of sustainability – health, safety, security and the environment to drive the nation’s economy towards robust and inclusive growth. This was disclosed in a press release signed and made available by the Head, […]

MPC Review: MPC stays hawkish; hikes MPR by 50bps.

September 25, 2024/CSL Research Contrary to general consensus and our forecast, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 50bps to 27.25% from 26.75% at the close of its 297th Monetary Policy Committee (MPC) meeting on 24 September 2024. […]