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CATEGORY

Economics

Larry Summers Slams “Woke” Fed “Losing Control” Of Inflation

Former Treasury Secretary Larry Summers has warned that monetary policy makers in the U.S. and elsewhere are paying too much attention to social issues...

Like ‘Tail Wagging Dog’ BDCs Proliferation Set Stage for Naira Chaos

…CBN has licensed 3,177 new BDCs since 2014 under Emefiele The Bureaux de Change (BDC) segment of the Nigerian foreign exchange (FX) market was supposed...

Time for CBN to Change Policy Direction on Naira Stability Fight

Almost every week there seems to be a new boogeyman added to the long and growing list of enemies the Central Bank of Nigeria...

The Trillion-Naira Rotation That’s Endangering Your Nest Egg

Money market securities are often considered a good place to invest funds that are needed in a shorter time period—usually one year or less. Money...

South Africa Unemployment Rate Rises to Highest in the World

South Africa’s unemployment rate surged to the highest on a global list of 82 countries monitored by Bloomberg. Namibia was second while Nigeria came in...

The Curious Case of Nigerian Asset Allocations

Introduction Forecasting financial outcomes is a challenging task because economic and financial variables tend to change without notice to market participants. Empirical evidence, sensible judgement...

CBN Monetisation of Federal Government Budget Deficit Fueling Inflation

The net Central Bank of Nigeria (CBN) claims on the Federal Government (FG) grew by a whooping N2.8 trillion in 2020, equating to 1.8...

Nigeria: Stagflation Will Continue Without Major Reforms – Tellimer

Over a year since our last comprehensive update on Nigeria’s economy, not much has changed. Stagflation is still the word of the day, with persistently...

Inflation : MPC Members See Supply Side Disruptions as Culprit

With the Central Bank of Nigeria (CBN), set to hold its 279th meeting of the Monetary Policy Committee (MPC) starting Monday May 24 and...

Nigeria Money Supply (M3) Expands by 0.3% in February

The broadest money supply, (M3), expanded (year-to-date) in February 2021 by 0.3 percent, relative to February 2020, but this was below the provisional benchmark...

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