In an official address at the Eagle Square in Abuja, President Bola Tinubu announced his administration's plans to undertake a comprehensive house cleaning of Nigeria's monetary policy. This move aims...
As a result of rising inflation, the Monetary Policy Committee of the Central Bank of Nigeria unanimously agreed to raise the benchmark interest rate, also known as the monetary policy rate, fro...
The Federal Reserve's main goal is to keep inflation under control while preventing a recession. It accomplishes this through monetary policy. The Fed must use contractionary monetary policy to impede...
Nigeria's currency in circulation declined by N37.94 billion in February to N3.25 trillion, down from N3.29 trillion in January 2022. On a month-to-month basis, this reflects a 1.2 percent decreas...
The market is bullish on oil as it concentrates on the cease-fire talks and the Chinese COVID-19 outbreak The bears have regained control of the oil market, with prices falling more than 5% in t...