Updates

Another Drop in Internet Subscriptions; Contracts by 4.7% in January

Culled—Proshare March 21, 2017/FBNQuest Research The latest data released by the NCC, the industry regulator, show that internet subscriptions stood at 91.3 million in January, representing a y/y contraction of -4.7%. The figure implies density of 49.3% in a population estimated at 185 million, placing Nigeria well above the African […]

CBN Communiqué No. 112 of the MPC Meeting – Mar 20-21, 2017

Godwin Emefiele, Governor, Central Bank of Nigeria March 21, 2017/CBN Background The Monetary Policy Committee met on the 20th and 21st of March, 2017, against the backdrop of persistent uncertainty in the global economy, stemming from economic and socio-political developments around the world. On the domestic front, while the Q4 […]

MPC Preview – Too early to ease?

Culled—Proshare March 21, 2017/ARM Research Today, the Central Bank of Nigeria (CBN) commences its two-day monetary policy meeting facing a changing economic picture across the external and domestic landscape. On the global front, monetary conditions are getting tighter after the US Federal Reserve followed up with another 25bps hike in […]