*Laud VP’s leadership of National Economic Council, NEC *Council resolves to scale-up collaboration between FG, states amidst plan to rejuvenate economy December 15, 2016/Press Release State Governors, as members of the National Economic Council, NEC, have expressed satisfaction with the way the Buhari presidency have been working with state governments […]
Updates
FT – Lenders Plan Not To Renew Deals with CBN
Culled—Proshare Thursday, December 15, 2016 11:21 AM / by Maggie Fick , FT This “move highlights an erosion of confidence in the monetary authority”. Several banks will not renew agreements worth billions of dollars with Nigeria’s central bank, highlighting the erosion of confidence in the monetary authority, bankers say. The […]
A Second, Larger Dose of Fiscal Expansion
Culled—Proshare Deceber 15, 2016/FBNQuest Research The president yesterday submitted the 2017 budget to a sitting of both houses of the National Assembly. Nigeria’s exit from recession depends upon its expansionary fiscal stance, and the monetary policy committee will not play a supporting role unless it performs an about-turn from its […]
