Inflation Upswing Could Drive CBN’s MPC Hawkish Tweak Rates

Inflation Upswing Could Drive CBN’s MPC Hawkish Tweak Rates

Author: Africa Business Radio January 24, 2022 Duration: 21:12
Has the December inflation upswing presented a headroom for the Central Bank of Nigeria’s Monetary Policy Committee to manoeuvre on rates? One of the words out there is that there is a strong possibility that a rate tightening measure could be something the wise men and women would pull out of their shared magician hat on Tuesday, January 25, 2022, at the conclusion of the first Monetary Policy Committee meeting for the new year.
For the record, the MPC has maintained the status quo 25 times in the last 28 meetings and the recent unexpected surge in inflation could be the pedal mounting pressures on the monetary policy authorities to possibly hike rates after tomorrow.

Tune into News Express from Africa Business Radio for a clear-eyed look at the forces shaping Nigeria's economy. This isn't just headline scanning; it's a dedicated exploration of the financial sector and markets, delivered with a focus you won't find elsewhere. We go beyond the surface noise of daily news to provide context and analysis, yet avoid the narrow jargon that can make trade publications inaccessible. Each episode distills the essential conversations happening right now in boardrooms and on trading floors. You'll hear informed discussions pinpointing what matters for pivotal areas like Investment Banking, Trading, Technology, and Fund Management, while also tracking movements in Alternatives, Commodities, and major Companies. For anyone with a stake in the region's business landscape, this podcast serves as a vital briefing, connecting the dots between sectors to offer a comprehensive, nuanced picture. News Express is your source for understanding not just what is happening, but why it matters for the future of African commerce.
Author: Language: English Episodes: 100

News Express
Podcast Episodes
COP28 Sets Goal to Boost Clean Energy, Phase Out Fossil Fuels  [not-audio_url] [/not-audio_url]

Duration: 28:18
A Raft of Initiatives is emerging and getting launched at the ongoing U.N. climate summit, COP28, in Dubai aimed at boosting clean energy and reducing the world’s dependence on fossil fuels, details rolling out of the ev…
AfDB, Partners Burnish Africa as Next Frontier for Global Investors  [not-audio_url] [/not-audio_url]

Duration: 20:59
Africa’s economic landscape as the next frontier for global investments was on song for three days last week in Marrakech, Morocco, where the African Development Bank (AfDB) led by President Akinwumi Adesina of Nigeria,…
Analysts See Boost for Economy, Consumers in Microinsurance  [not-audio_url] [/not-audio_url]

Duration: 27:49
Despite the challenges facing the Nigerian insurance market, microinsurance offers unique and exciting opportunities for both insurers and consumers, as well as the general economy, with its potential to reach millions o…
Global Banking In Best Performance Since 2007  [not-audio_url] [/not-audio_url]

Duration: 25:50
Global Banking Posted its best performance in the last 18 months since 2007 on the back of sharp increases in interest rates in many advanced economies, including a 500-basis-point rise in the United States, a world revi…