Daily Archives: January 25, 2021

  • MPC decision today

    The Monetary Policy Council (MPC) of the Central Bank of Nigeria concludes its bi-monthly meeting later today.  The economy may be close to exiting recession and inflation is going up (15.75% y/y in December). But we think the MPC will keep its policy rate (MPR) at 11.50%, though with increased commentary on the need to …

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  • Featured
Year Ahead-Re-risking the financial system

Year Ahead 2020: Re-risking the financial system

Oil prices: In a global oil market threatened with over-supply, it appears that OPEC, and its ally Russia, are doing a good job of limiting production.