The CBN evidently has its work cut out for it. It makes sense, therefore that it should aim to realign its benchmark rate with the market. The big question, though, is whether by strengthening the MPR as its main policy lever, the apex bank would be able to improve monetary transmission through the Nigerian Overnight […] The post Reset, recalibrate, but please do not ease, yet!, By Uddin Ifeanyi…
Crude oil prices started the week with a jump after President Trump rejected a peace deal proposal tabled by Iran last week at the UN General Assembly.
Oil prices surge to $107.24 per barrel for Brent crude
U.S. considers resuming military strikes on Iran post-midterms
Investor demand for Treasury bills has rebounded strongly, with bids at the latest primary market auction exceeding the government’s target by GH¢904.64 million.
The EUR/USD pair fills a modest weekly bearish gap, though it lacks bullish conviction and struggles below the 1.1400 mark through the Asian session on Monday.
