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‘Monetary Policy Will Determine Share Prices’

‘Monetary Policy Will Determine Share Prices’       The performance of Nigerian stocks in the year will depend on the monetary policy direction of the Central Bank of Nigeria (CBN). In its 2021 outlook entitled: “Nigeria Economic Outlook 2021: A shot at recovery”, United Capital Plc stated that...

Coalition of Civil Society Backs Buhari’s Economic Team, CBN’s Monetary Policies

The Coalition of Civil Society Groups in Nigeria have come out in defense of President Muhammadu Buhari’s Economic Team and the monetary policies of the Central bank of Nigeria(CBN) led by Mr. Godwin Emefiele. In a protest led by the President of the Coalition Mr....

CBN Policymaker Seeks Restriction Of Portfolio Investment- Report

Nigeria’s Central Bank should impose restrictions on short-term portfolio investment flows to prevent damage caused to Africa’s biggest economy if investors exit at short notice, a member of its monetary policy committee (MPC) has said. Chibuike Uche, an academic, said history has shown that such...