…(MCP) of the Central Bank of Nigeria convened last week against a backdrop of heightened geopolitical risks. CHIMA NWOKOJI, in this report, examines the decisions taken The post MPC and benchmark interest rate: safeguarding investor confidence amid US-Iran tensions appeared first on Tribune Online.

…Although prices have eased slightly from recent peaks, the market continues to factor in geopolitical risks that have kept energy prices elevated.Analysts note that the conflict has disrupted key shipping routes, leading to higher freight charges, rising insurance premiums and increased costs across the global oil supp…

…In its summary of economic developments, the bank stated that “despite heightened geopolitical risks and trade tensions, the external sector recorded a higher trade surplus and capital inflows, due largely to lower import bills and increased capital transfers.” It added that foreign reserves rose to $50.12bn in Februar…

…have noted that crude oil prices are currently under downward pressure, although geopolitical risks remain." "While factors such as a breakdown in peace negotiations, fresh supply disruptions, or unexpected production cuts by OPEC and its allies could trigger upward price movements, the prevailing market outlook remain…