Category: Economic Flashnote

Q/q Dip In Capital Imports

The National Bureau of Statistics (NBS) has released its latest report on capital importation for Q1 ’22. The data was obtained from the CBN and compiled using information on banking

MPC Decision – May 2022

Dear All, Ten (10) members of the committee were in attendance. Decision (unanimous) Six out of the 11 members voted to; Retain MPR at 13.0% Retain the asymmetric corridor of

MPC Decision – November 2021

Dear All, Ten (10) members of the committee were in attendance. Decision (unanimous) Retain MPR at 11.5% Retain the asymmetric corridor of the MPR at +100 / -700 basis point.

Inflation Report – November 2021

The NBS has released its November inflation report to show – Headline rate 15.40% y/y (15.99% in October): Core rate 13.85% y/y (13.24%); and Food rate 17.21% y/y (18.34%). November’s

Inflation Report – October 2021

The NBS has released its October inflation report to show – Headline rate 15.99% y/y (16.63% in September): Core rate 13.24% y/y (13.74%); and Food rate 18.34% y/y (19.57%). October’s

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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.