The World Bank has described the naira and the kwanza of Angola as the “worst performing currencies” in Africa so far in 2023. The organisation said both currencies have depreciated
Tag "monetary policy"
BY ODEWALE ABAYOMI Over the last eight years of President Muhammadu Buhari’s tenure, statistics show that the federal government operated an expansionary fiscal policy and a contractionary monetary policy. The
BY ADEFOLARIN OLAMILEKAN The aftermath of the COVID-19 pandemic is still a subject of caution to global economic projection especially as the latter part of the year 2021 experienced a
Nigerian monetary policymakers face three main pressures this quarter: the ongoing COVID-19 pandemic and a pressing need for economic stimulus in addition to stagflation and a weakened naira. Monetary policymakers
The Central Bank of Nigeria (CBN) has announced April 3 and April 4 as dates for the first monetary policy
PricewaterhouseCoopers Limited says the naira may exchange at N386 in the second half of 2018. In its 2018 economic outlook
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says inflation rates are projected to drop and record high
The Central Bank of Nigeria (CBN) has injected $195 million into the inter-bank of the foreign exchange (forex) market. This
Trading results from the FMDQ OTC Securities Exchange, has shown that foreign exchange trading at the investors’ and exporters’ (I &
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) was split in its decision to retain monetary interest rates at
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