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CBN to Sustain Expansionary Monetary Policy Till Q1, 2021 - Cordros Securities


The Central Bank of Nigeria will sustain its expansionary monetary policy through the period of Q1, 2021 as it supports the growth and recovery of Nigeria from the current recession.
Cordros Securities disclosed this in a recent media briefing on its latest report titled “Positioning the New Normal”.
According to Jolomi Odonghanro, Head of Research & Strategy, Cordros Securities in his presentation said the accommodative policy of the CBN which is geared towards stabilizing the economy, will switch to tightening from Q2,2021.
Based on this projection he said market yields will remain in the low single-digit through H1,2021 with a moderate uptrend to account for reduced market participation as investors demand for higher yields. ....

Jolomi Odonghanro , Christian Orajekwe , Central Bank , Petroleum Industry Bill , Head Of Research Strategy , Cordros Securities , Managing Director , Cordros Securities Limited , Federal Government , மைய வங்கி , பெட்ரோலியம் தொழில் ர சி து , தலை ஆஃப் ஆராய்ச்சி மூலோபாயம் , நிர்வகித்தல் இயக்குனர் , கூட்டாட்சியின் அரசு ,