For decades, Nigeria’s monetary policy operated in a hybrid space—part rules, part discretion—constrained by fiscal dominance, exchange-rate pressures, and deep structural inflation drivers. Monetary decisions were often shaped as much by administrative controls, directed credit, and quasi-fiscal objectives as by price stability. That framework is now changing. In recent years, the Central Bank of Nigeria…
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Japan, having grappled with deflation during the lost decades (the 1990s-2010s), has repeatedly pursued government interventions in the hope of revitalizing its economy. One such strategy was ‘Abenomics’, a shock-and-awe stimulus policy that was the signature in the economic realm of Japan’s longest-serving Prime Minister – Shinzo Abe. The term, ‘Abenomics’ is a portmanteau of…
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A new strain of the coronavirus bursting in to disrupt end-of-year programs was not the only surprise the end of the year had, for financial markets at least. Central Banks in major economies; the US Federal Reserve, European Central Bank (ECB), and Bank of England (BoE), had a gift for the market – the earlier-than-expected…
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