Daily Archives: February 1, 2021

  • Why inflation is important

    Last week the Monetary Policy Council of the Central Bank of Nigeria (CBN) concluded its two-day meeting by leaving its key policy rate unchanged at 11.50%. After two cuts during 2020 that demonstrated the CBN’s resolve to deal with recession, last week’s announcement was not a surprise. And, as expected, the official communique had plenty …

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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.