Weekly Market Review: December 2024, Edition 1

Prologue On Tuesday, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) made its latest policy decision, announcing a 25 basis points hike in the Monetary Policy Rate (MPR)—from 27.25% to 27.50%. This brings the MPR increases to a total of 875 basis points since Governor Olayemi Cardoso took office. The recent […]