Why MPC Hiked Interest Rate
CEM REPORT, ECONOMY | The Central Bank of Nigeria (CBN)’s MPC on Tuesday raised its Monetary Policy Rate (MPR) (interest rate) by 400 basis points from 18.75 per cent to…
CEM REPORT, ECONOMY | The Central Bank of Nigeria (CBN)’s MPC on Tuesday raised its Monetary Policy Rate (MPR) (interest rate) by 400 basis points from 18.75 per cent to…
CEM REPORT, AGROFOOD | In response to the prevailing economic difficulties exacerbated by recent federal government policies, Lagos State Governor, Babajide Sanwo-Olu, has unveiled a series of palliatives aimed at…
CEM REPORT, ECONOMY | The unabating increase in prices of food in Nigeria has continued to push the country’s headline inflation higher having contributed 15.49% and 1.37% to year-on-year and…
CEM REPORT, AGROFOOD | Nigeria’s leading commodities exchange, AFEX, has released its 2024 commodities outlook, forecasting a consistent rise in the prices of domestic and export commodities due to supply…
CEM REPORT, ECONOMY | Africa is a continent of diverse cultures, languages, and landscapes, but also of many economic and social challenges. Living in Africa can be an enriching experience,…
CEM REPORT – ECONOMY | The 10th National Economic Outlook: Implications for Businesses in 2024 organized by the Chartered Institute of Bankers of Nigeria Centre for Financial Studies (CIBNCFS) was…
CEM REPORT, AGROFOOD | Nigeria’s kitchens are feeling the heat of soaring inflation, with sales of everyday essentials like rice and pasta plummeting to a five-year low. This stark picture…
CEM REPORT, FINANCE | The year 2023 was a turbulent one for many African economies, as they faced a series of internal and external shocks that weakened their currencies. Millions…
CEM OPINNION, FINANCE | For over four months now, the Monetary Policy Committee of the Central Bank of Nigeria has failed to hold its statutory meeting and the bank has…
CEM REPORT, MARKET | Nigeria’s inflation rate recorded a 0.61 per cent increase in October 2023. This puts the nation’s present headline inflation rate at 27.33 per cent from 26.72…