Economy
MPC Meeting: Experts Predict Rate Cut to 13%
Modupe Gbadeyanka
As the Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) commences today, experts at FSDH Research are optimistic that the committee will likely support the reduction in the Monetary Policy Rate (MPR) by 50 basis points.
At its last meeting on May 20 and 21, 2019, the MPC retained the benchmark interest rate at 13.50 percent, and retained the asymmetric corridor of +200/-500 basis points around the MPR.
It also left both the Cash Reserve Ratio (CRR) at 22.5 percent; and the Liquidity Ratio (LR) at 30 percent.
Within the last few weeks, the CBN has issued two important directives to banks within geared towards stimulating lending to the real sector of the economy to boost economic activity.
In its report, FSDH Research said members of the MPC will likely vote to reduce the policy rates because an increase was not an option under the current economic situation in the country.
It said the short-term outlook of the inflation rate (which points to a declining trend, other things being equal), stability in the foreign exchange rate, and the drive of the Federal Government of Nigeria (FGN) and the CBN to stimulate growth in the economy all support a rate cut.
The investment firm said such a cut would add weight to the implementation of the CBN’s 5-year strategic plan.
“FSDH Research anticipates a 50 basis points reduction in the Monetary Policy Rate (MPR), as well as a possible adjustment to the asymmetric rates around the MPR,” the report said.
It noted that developments in the global economy also favour an interest rate cut in the short-term and expects the Federal Open Market Committee (FOMC) of the US Federal Reserve System to lower the Federal Funds Rate by 0.25 percent at its next meeting later this month.
The firm explained that this would aim to provide additional incentive for the global economy following signs of economic slowdown.
In the June 2019 edition of its Global Economic Prospects (GEP), the World Bank downgraded the global growth forecast for 2019 by 0.3% to 2.6 percent. The downward revision reflects weaker-than-expected international trade and investment during the first half of the year. The growth in sub-Saharan Africa was also significantly lower than expected. The 2019 growth forecast for Nigeria is now 2.1%, lower than the previous forecast of 2.2 percent.
According to FSDH Research, the short-term forecast indicates that the inflation rate in Nigeria may continue to trend downwards until October 2019. This is based on the assumptions that there will be no adjustments to the electricity tariff or the pump price of Premium Motor Spirit (PMS).
“Although we stress that there is a need for these prices to increase, the FGN may not be keen to an adjustment in the short-term.
“Should the increase take place, our projections show that it will shift the inflation curve by 2.5 percent. The impact of the implementation of the new National Minimum Wage on the inflation rate is minimal. Implications of the foregoing are that there may not be pressure on the MPC to raise the policy rate with a view to taming inflationary pressure.
“The CBN is already adopting moral suasion to encourage investment in agriculture to boost production and yields in an attempt to douse a spike in food prices which would place upward pressure on the inflation rate,” it said.
A major pressure point for the FGN at the moment is the high interest expenses relative to FGN revenue. Although the major cause of this problem is government’s low revenue, the low interest rate environment since January 2019 has helped the Debt Management Office (DMO) to raise cheaper debt for the government than before. Unless there is internal or external shock, CBN policies may continue to favour a low interest rate. This may also stimulate lending to non-oil sectors of the economy, provided there are complementary fiscal policies which will improve the business environment.
The negative impact of low growth in the global economy on the price and demand of crude oil may have a negative impact on the exchange rate.
“However, the current external reserve position at over $45billion may provide short-term stability for the exchange rate. In its July 2019 Short-Term Energy Outlook (STEO), the Energy Information Administration (EIA) revised downwards its forecast for Brent crude oil price to $66.51/b in 2019. The data shows that the price of crude oil fell from a peak of $77.06/b in May 2019 to $64.12/b in June.
“We also note that an increase in policy rate may not address the crude oil price. Intervention by the
Organization of the Petroleum Exporting Countries (OPEC) in the way of a production cut may also provide short-term stability for the crude oil price.
“While FSDH Research notes there are a number of structural challenges in the economy at the moment that can reduce the effectiveness of monetary policy, there are strong indications that the MPC members may vote to reduce the MPR to 13 percent.
“The market should not be surprised if the MPC also announces a reduction in the rate of the Standing Deposit Facility (SDF) of the banks with the CBN. It is possible that the MPC will maintain the Liquidity Ratio and CRR at the current level,” the report said.
By Aduragbemi Omiyale
Low-income earners and other retail investors willing to lock in their funds in government securities have been given another opportunity to purchase the FGN savings bonds.
The Debt Management Office (DMO), which sells the debt instrument on behalf of the Nigerian government, is calling for subscription for the January exercise.
It is the first for 2026 and according to the agency’s programme, the retail bonds would be sold in the first week of each of the months of this year.
The organisation is offering the bonds in two tenors of two years and three years, with the former being sold at a coupon of 14.396 per cent per annum and the latter at 14.396 per cent annum.
Subscription for the exercise opened on Monday, January 12, 2026, and will close on Friday, January 16, 2026, a circular from the DMO confirmed.
Business Post reports that interest on the bonds would be paid to bondholders every quarter till maturity.
Investors can purchase the retail bonds at a unit price of N1,000 subject to a minimum subscription of N5,000 and in multiples of N1,000 thereafter, subject to a maximum of N50 million.
The bonds are backed by the full faith and credit of the Federal Government of Nigeria and charged upon the general assets of Nigeria
They qualify as securities in which trustees can invest under the Trustee Investment Act. They also qualify as government securities within the meaning of Company Income Tax Act (CITA) and Personal Income Tax Act (PITA) for exemption for pension funds, amongst other investors.
The bonds further qualify as a liquid asset for liquidity ratio calculation for banks.
After they are sold to investors, they would be listed on the Nigerian Exchange (NGX) Limited to allow for trades for early exit if the holder intends to liquidate before maturity.
Money sitting in limbo doesn’t do anyone any good. That’s the simple truth driving South Africa’s big change toward faster digital payment systems. When funds take days to clear, people can’t spend them, businesses can’t reinvest them, and the whole economy slows down while everyone waits.
Because of this, payment speed has become one of the most important factors in how South Africans choose which platforms to trust with their money.
The reality is, South Africa sits at an interesting crossroads. Better financial infrastructure than most African countries, yet millions of people still don’t have decent access to traditional banking. That creates tension and opportunity simultaneously.
And this is why digital payments are changing faster than predictions suggested. When someone can receive money in minutes instead of days, everything changes. They spend sooner. They save smarter. And they actually trust the platforms handling their cash.
Why Payment Speed Matters So Much
Here’s the thing about payout speed. It signals reliability in ways that marketing never can. When a platform pays you fast, you believe it actually has money and knows what it’s doing. Slow payouts make people nervous. They start wondering if something went wrong or if the company is struggling financially.
This pattern shows up everywhere you look. Retail e-commerce sites have figured out that processing refunds quickly reduces complaints and keeps customers coming back. Mobile money services compete hard on transaction speed. The online gaming sector has caught on, and especially online casinos that rely heavily on trust.
The fastest payout casinos in South Africa have built strong user bases specifically because they process withdrawals fast, rather than making people wait around for days. When real money is on the line, nobody wants to wait.
Mobile Payments Changed Everything
Mobile payments in South Africa have absolutely exploded over the last few years. Statista reckons the digital payments market will keep growing substantially through 2028. Smartphones have basically become the bank for millions of South Africans who used to deal entirely in cash or stash money with informal savings groups.
This shift is way bigger than most people realise. Mobile platforms process transactions almost instantly. Traditional banks often made people wait for things to clear. Mobile money cuts through most of that.
Someone selling vegetables at a street market can get paid, confirm the money arrived, and use those funds for their next purchase within minutes. That kind of speed keeps money circulating and stimulates activity at the ground level.
Fintech Companies Are Pushing Hard
South African fintech startups have figured out that speed wins customers. Digital lending platforms now disburse loans within hours of approval. Gig economy payment systems have moved toward instant payouts for drivers and delivery workers who genuinely cannot afford to wait until the end of the month.
Every sector that touches consumer finance has felt the pressure to get faster.
This competition works out well for regular users. When platforms have to compete on speed, they invest in better technology. They streamline their verification processes. They partner with payment processors that can actually move money quickly.
The result is an environment where slow payouts increasingly signal that something is outdated or unreliable.
Government Benefits and Remittances
The South African government has been testing faster ways to get social grants and benefits to people. The fact is, digital payment infrastructure has made public fund distribution way more efficient across several African countries.
When grants hit accounts instantly instead of making people physically collect them, recipients save time, and honestly, they’re safer too.
Cross-border remittances are another area where speed makes a huge difference. South Africa has loads of migrant workers who send money home to their families regularly. Traditional remittance channels used to take days and hit you with hefty fees.
Digital alternatives now offer same-day transfers at much lower costs. That efficiency means more money actually reaches the families who need it instead of getting eaten up by fees and delays.
The Psychology Behind Quick Payments
There’s something deeper going on with fast payouts beyond just convenience. Speed builds trust in ways people don’t always consciously recognise. When you get paid quickly, you feel confident that the platform is legitimate and financially stable.
Delays create doubt. You start questioning whether something went wrong or whether the company might be in trouble.
This trust compounds over time. Users who experience fast, reliable payouts become loyal customers. They recommend platforms to their friends. They deposit larger amounts because they know withdrawing won’t be a nightmare.
Platforms that master payout speed build user bases that competitors find very hard to steal.
What Happens Next
The direction seems pretty clear. Payment speed across all sectors of South Africa’s digital economy will keep getting faster. Infrastructure investments from fintech companies and government institutions should reduce friction even more.
As more South Africans get smartphones and access to mobile banking, demand for instant transactions will only grow.
The platforms that succeed will be the ones treating payout speed as essential rather than optional. Whether they’re processing e-commerce refunds, gig worker payments, or gaming withdrawals, the operators that move money fastest will capture the market. South Africa is proving that speed is how users measure whether a platform deserves their trust.
The crypto market is no longer being dictated by speculation and trends of trading in the short run. With the evolution of digital assets, investors demand more structured, data-driven and technology-supported strategies that are more stable, transparent, and have long-term potential. With all these changes, platforms with built-in artificial intelligence, cloud computing, and high-end hashing infrastructure are altering the way crypto participation operates.
SJMine is at the heart of this change. Created to empower the modern investors, SJMine offers an up-to-date and polished crypto-investing experience of automation, smart analytics, and adaptable investment design to enable users to strategically engage in the digital economy.
A New Standard for Strategic Crypto Participation
The investors of today require a higher level of access to digital assets than just a basic one. They desire systems that are capable of responding to market signals, adapting the conditions of the network, and functioning on a large scale. To satisfy this need, SJMine implements AI-based market intelligence within its operations.
The platform dynamically manages the allocation of hashing and computing performance by the use of continuous data analysis. This smart automation provides freedom to the users to control hardware, technical measurements, or manually react to market changes. Rather, the investors have access to a professionally managed environment whereby technology labors tirelessly behind the scenes to bring about consistency and efficiency.
How SJMine Redefines Investor Experience
SJMine is a building that is planned to be very accessible and sophisticated. The platform eliminates any technical obstacles in tradition and supports infrastructure at an enterprise level. The cloud computing system allows it to perform smoothly and its AI-based systems would make sure that the resources are used optimally at any given time.
Key strengths of the SJMine ecosystem include:
- AI-Driven Optimization: Intelligent algorithms analyze performance data and adjust operations dynamically.
- High-Performance Hashing Systems: Advanced infrastructure supports efficient blockchain participation.
- User-Friendly Interface: A clean, intuitive dashboard provides real-time insights into earnings and contract status.
- Sustainability Focus: Optimized energy usage and modern data centers support responsible long-term operations.
- Transparent Returns: Clearly defined contract terms with visible daily earnings.
This mixture is what renders SJMine appropriate to simple new investors as well as sophisticated investors who want efficiency and scalability.
Flexible Contracts Built for Diverse Investment Goals
SJMine has diverse flexible contracts that can be used to meet various budgets and investment schedule. Long-term strategic decisions or short-term plans are well developed with simple and predictable results.
Below is an overview of the flexible contract plans available on SJMine:
| Contract Amount | Contract Duration | Daily Earnings | Total Income (Principal + Profit) |
| $15 | 1 Day | $0.60 | $15 + $0.60 |
| $100 | 2 Days | $4.00 | $100 + $8.00 |
| $600 | 6 Days | $7.68 | $600 + $46.08 |
| $1,200 | 10 Days | $16.32 | $1,200 + $163.20 |
| $3,200 | 22 Days | $45.44 | $3,200 + $999.68 |
| $9,000 | 30 Days | $147.60 | $9,000 + $4,428.00 |
For the most accurate and up-to-date contract information, investors are encouraged to refer directly to the official SJMine website: http://sjmine.com.
Getting Started: Simple Registration with a Welcome Bonus
SJMine puts a lot of emphasis on ease of access, and the process of onboarding is quick and simple. It can take a few minutes before new users start getting acquainted with the platform.
How to register on SJMine:
- Visit the official website at http://sjmine.com
- Click on Register and create your account by entering basic details
- Complete the verification process and log in to your dashboard
- Register now and receive a $15 welcome bonus, allowing you to experience the platform with minimal initial risk
- Select a contract that matches your investment strategy and activate it
AI-Powered Market Intelligence: The Core Advantage
SJMine is a unique company with its AI-based market intelligence that is constantly analyzing the performance of the blockchain and the conditions of the network. This dynamic flexibility leads to better utilization of resources, minimization of inefficiencies, and a more intelligent, and sturdier approach to investing in the crypto market of the current era that is rapidly changing.
Conclusion
SJMine is a new view of strategic crypto investment in a world where intelligent automation is the new competitive advantage. The platform provides a modern and visionary solution to the current investors by integrating AI-related analytics, cloud computing infrastructure, flexible contract choice, and user-friendly design.
SJMine is an attractive proposal to invest in with confidence in the new technology-driven approach provided that investors are willing to abandon the old paradigm and shift to a smarter approach to crypto economy investment.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism9 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking8 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn