Economy Nigerian Stocks Drop 0.46% as Interest Rate Hike Dampens Mood July 27, 2023 Dipo Olowookere By Dipo Olowookere Investors on Wednesday reacted negatively to the marginal hike in the Monetary Policy Rate (MPR) by the Central Bank of Nigeria Read More
Economy Analysts Expect Rate Hike in First Post-Emefiele MPC Meeting July 18, 2023 Adedapo Adesanya By Adedapo Adesanya All indicators point to a continued hike in Nigeria’s interest rate in the first Monetary Policy Committee (MPC) meeting since President Read More
Economy Crude Oil Falls as Possible Rate Hike Shadows Chinese Data April 19, 2023 Adedapo Adesanya By Adedapo Adesanya Crude oil fell for a second day on Tuesday as upbeat Chinese economic data failed to deflect the focus from a Read More
Economy Continued Rate Hike Fears Depress Oil Market March 10, 2023 Adedapo Adesanya By Adedapo Adesanya The oil market slid more than one per cent to a two-week low on Thursday on increased worries the US Federal Read More
Economy Brent Increases on Chinese Data Support, Rate Hike Worries Ease March 3, 2023 Adedapo Adesanya By Adedapo Adesanya Brent rose by 44 cents or 0.5 per cent to $84.75 per barrel on Thursday, boosted by signs of a strong Read More
Economy Naira Weakens Across FX Windows as CBN Hikes Interest Rate by 100bps January 25, 2023 Adedapo Adesanya By Adedapo Adesanya The foreign exchange (FX) market in Nigeria reacted negatively to the decision of the Central Bank of Nigeria (CBN) to raise Read More
Economy Nigerian Stocks Gain 0.60% Despite Rate Hike by 1% November 23, 2022 Dipo Olowookere By Dipo Olowookere Nigerian stocks maintained an upward trajectory on Tuesday with a 0.60 per cent growth on a day the Central Bank of Read More
Economy Brent Crude Nears $100 Amid Rate Hike Uncertainty, Russian Oil Ban November 5, 2022 Adedapo Adesanya By Adedapo Adesanya Brent crude neared the $100 region after rising by $3.99 to trade at $98.57 per barrel on Friday amid uncertainty around Read More
Economy CBN Insists Rate Hike to 15.5% Not Textbook Economics September 29, 2022 Aduragbemi Omiyale By Aduragbemi Omiyale The Central Bank of Nigeria (CBN) has played down talks that its decision to increase the Monetary Policy Rate (MPR) by Read More
Economy Rate Hike by CBN May Influence Direction of Capital Market—PwC September 1, 2022 Aduragbemi Omiyale By Aduragbemi Omiyale The decision of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to increase the Monetary Policy Rate Read More