Inflation Dropped To 11.02% In August, NBS Says   The National Bureau of Statistics on Tuesday said the Consumer Price Index, which measures inflation, dropped from 11.08 per cent in July to 11.02 per cent in August. The bureau in the report stated that inflation rate of...

CBN May Slash Rate As Inflation Slows To 12-month Low   Analysts have indicated that the latest inflation figures from the Nigerian economy are good news for the Central Bank of Nigeria (CBN) and the economy as a whole. Inflation in Africa’s largest economy dropped to...

FSDH Expects June Inflation To Drop To 11.32%   FSDH Research expects the June 2019 inflation rate to drop to 11.32 per cent from 11.40 per cent recorded in May 2019. The FSDH Merchant Bank disclosed this in the July edition of its monthly economic and financial...

TUC Knocks FG For N24.3trn Debts, Others The outgoing President of the Trade Union Congress, Mr Bobboi Kaigama, has knocked the Federal Government on the country’s debt profile and the increasing rate of inflation in the country. He expressed these concerns at the opening of the...

Inflation, Electioneering Cause MPR Rates Retention, Capital Market Operators Say   Some capital market operators yesterday attributed rates retention by the Monetary Policy Committee (MPC) to rising inflation and anticipated election spending. They told the News Agency of Nigeria (NAN) in Lagos that rates retention was expected...

In December, FSDH Anticipates Inflation Rising To 11.28% The FSDH Research expects the December 2018 inflation rate (year-on-year) to rise to 11.69 per cent from 11.28 per cent recorded in November. In the research by the FSDH Merchant Bank Limited on ‘A spike in inflation rate...