Oil Price Fluctuations, Investors’ Apathy, Election Spending Swinging Naira Value
The uncertainty in the international oil market with the resultant fluctuations in the price of oil, apathy by foreign investors and political campaign spending are jointly responsible for the recent fall in the value of...
Food Supplies, Election Spending Remain Threat To Price Stability
The nation’s price stability remains heavily exposed to domestic shocks that may arise post-harvest season, coupled with festive and election spending, which would hit top gear sooner.
This is coming despite the sudden marginal drop in inflation...
Inflation And Election: MPC May Hold Interest Rate
Despite the drop in inflation to 12.48 per cent in March to below the Central Bank of Nigeria’s benchmark Monetary Policy Rate (MPR) of 14 per cent, members of the Monetary Policy Committee (MPC), slated to commence...
