The MPC’s Effect On The Domestic Balloon
At its first meeting this year, held Monday last week in Abuja, the Central Bank of Nigeria’s rate-setting committee (the Monetary Policy Committee — MPC) opted to tighten monetary policy.[…]
Tagged: CBN
On Today’s Meeting of the MPC – Matters Arising
The Central Bank of Nigeria’s (CBN) rate-setting body, the Monetary Policy Committee (MPC) meets today, under a cloud. The mass of gray overhead has nothing to do with the recent[…]
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The CBN and Institution Building
The pyrotechnics notwithstanding, the hijinks last week around the fate in office of the governor of the Central Bank of Nigeria (CBN), did have a useful part. For an economy[…]
Who Guards The Guardians
Last week, I was concerned with how much the Central Bank of Nigeria’s (CBN) recent measures for managing the demand for and supply of foreign exchange speak to a macroeconomic[…]
“It’s The Economy Stupid”
Over the last couple of weeks, a succession (profusion?) of, dare I say, “important” events in this country lead to only one conclusion: that everything (at least until 2015) has[…]
To What And How Does Today’s MPC Meeting Respond?
Today, two developments (both of them much trailed) will occur. More precisely, one of these events commences, while the other will be announced. First (and this is not in any[…]
CBN’s Sept. MPC meeting and Nigeria’s policy direction
What are we to expect of today’s (it should continue into tomorrow) meeting of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC)? The economy may not have gotten[…]
Nigeria and Infrastructure Regulation
I have often wondered what the world was like before social media. The ease with which user-generated content is created and exchanged on the web has rendered timelines the new[…]
The CBN’s Currency Restructuring Exercise: Matters Arising
Much of the ensuing conversation since the CBN governor announced plans, a week ago, to restructure the naira has dwelt on the decision to introduce higher denomination banknotes. The cons[…]