Center for Promotion of Private Enterprise
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CENTER FOR PROMOTION OF PRIVATE ENTERPRISE
The Centre for the Promotion of Private Enterprise (CPPE) expresses strong reservations about the policy proposition by the World Bank in its recent Nigerian Development Update, advocating increased importation of petroleum products and food as a solution to Nigeria’s supply-side constraints…
The Nigerian economy in the first quarter of 2026 reflected
a blend of improving macroeconomic stability and persistent structural
constraints. Evidence of a more stable macroeconomic environment is
increasingly evident, underpinned by the cumulative gains from foreign exchange…
The Centre for the Promotion of Private Enterprise (CPPE) commends the Central Bank of Nigeria (CBN) for the successful implementation of the bank recapitalisation programme as the exercise draws to a close. This marks a significant milestone in the ongoing effort to strengthen the resilience, stability and capacity of the Nigerian banking system.
The Nigerian economy in the first quarter of 2026 reflected
a blend of improving macroeconomic stability and persistent structural
constraints. Evidence of a more stable macroeconomic environment is
increasingly evident, underpinned by the cumulative gains from foreign exchange…
It urges businesses to save energy, diversify power sources, and manage costs tightly, while government should support renewables, cheaper finance, better refining, and more reliable grid power.
The February 2026 CPI report presents a cautiously optimistic picture, with headline inflation easing marginally to 15.06% year-on-year, down from 15.10% in January and significantly lower than 26.27% a year earlier.
It is troubling that we are witnessing a resurgence of high inflationary pressures after some few months of respite despite policy measures to tame inflation, especially on the monetary side.
It is quite troubling that at a time when manufacturers, entrepreneurs and other investors in the economy are craving for ..
The Federal Competition and Consumer Protection Commission [FCCPC] appears to be unwittingly transforming into a price control agency rather than a consumer protection commission.
The proposed nationwide protests portend grave dangers for an economy which is already in a very fragile state. The protests could inflict an…
The volatility in the foreign exchange market is naturally unsettling. But it is not unexpected given the long period of distortions in the foreign exchange market.
The purpose of adequate capitalization is to ensure the efficiency and stability of the financial system. Capital adequacy measures the capacity…
The Centre for the Promotion of Private Enterprise [CPPE] notes with concern the recent deliberations on the floor of the House of Representatives on cement price which portrayed cement
The CPPE notes the recent introduction by government of the Expatriate Employment Levy [EEL] with dual purpose of promoting the localization of skills and economic growth.
The recent decision by the Central Bank to increase the customs exchange rate from N783 to N952/$ would worsen the already prohibitive…
The Centre for the Promotion of Private Enterprise [CPPE] is worried about the growing incidents of regulatory irritations, distractions, and frustrations inflicted