According to an IMF representative of Nigeria, the country’s income is much lower than its peers in Sub-Saharan Africa and other oil exporters.
ARM Securities says the Central Bank of Nigeria will be torn between stimulating growth and maintaining forex stability as the Apex Bank holds its second Monetary Policy meeting for the year. Olamide Adeboboye, Research Analyst at ARM Securities joins CNBC Africa for more.
Vetiva says it expects members of Nigeria’s Monetary Policy Committee (MPC) to vote to keep the Monetary Policy Rate (MPR) and all other policy rates constant today. Mosope Arubayi, Economist at Vetiva joins CNBC Africa for more.
Nigeria’s Monetary Policy Committee (MPC) will today announce the 6th and final monetary decision of the year. CEO of CFG Advisory, Tilewa Adebajo and Group Head of Corporate Banking at Coronation Merchant Bank, Ademola Adekoya both join CNBC Africa to discuss some issues that could influence the MPC’s decision.