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Prologue The $/₦ appears stable sub 1,500 and the climbing interest rate environment appears to have slowed amidst tight money

Prologue Last week, Fitch noted significant fiscal and monetary reforms undertaken by Nigeria over the past year to stabilise the

Prologue On Wednesday, May 29, 2024, President Bola Ahmed Tinubu’s administration marked its first year in office. A year characterised

Prologue Last week, attention was centred on the MPC meeting, as the CBN further tightened conditions. The Monetary Policy Rate

Prologue In recent times, the FX rates have fluctuated consistently to the extent that there is no guaranteed level at

Prologue In the previous week, the NAFEM rate closed at $/₦1,400.40. Last week, it closed at ₦1466.31. As it stands,

Prologue Over the last two weeks, the Naira has devalued considerably, contrasting its strong, appreciable performance in March 2024 when

Prologue In the just concluded week, reports on the Cash Reserve Ratio (CRR) and from the Federal Account Allocation Committee