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MPC Preview: Dovish stance but hawkish actions

Regardless of one’s position on the Central Bank of Nigeria (CBN) heterodox policies, the CBN did achieve a handful of objectives in 2019. Private sector credit expanded to N16.8 trillion as at November 2019, increasing by 1.6 trillion and N1.7...

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  • MPC Preview: Dovish stance but hawkish actions

Regardless of one’s position on the Central Bank of Nigeria (CBN) heterodox policies, the CBN did achieve a handful of objectives in 2019. Private sector credit expanded to N16.8 trillion as at November 2019, increasing by 1.6 trillion and N1.7 trillion when compared to January and June 2019 respectively.

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