Inflation decline’ll Boost Economic Diversification And Investments - RMB   The Chief Executive Officer/Managing Director of Rand Merchant Bank Nigeria Limited, Michael Larbie, has said the steady decline in inflation rate will boost investments and the diversification of the nation’s economy. “We are positive about investments in...

Inflation And Election: MPC May Hold Interest Rate Despite the drop in inflation to 12.48 per cent in March to below the Central Bank of Nigeria’s benchmark Monetary Policy Rate (MPR) of 14 per cent, members of the Monetary Policy Committee (MPC), slated to commence...

Inflation Rate Perceive Heading Towards Single-digit   Inflation rate in the country has been projected to drop further in April, thereby inching towards a single-digit rate. Analysts at FSDH Merchant Bank Limited stated this in a report. They anticipated that inflation rate (year-on-year) would drop to 12.43...

Inflation Drops, Now 14.33%   Annual inflation in Nigeria stood at 14.33 per cent in February, slowing for the 13th month in a row. It is driven by a decline in the pace of food price increases, the statistics office said on Wednesday. The food price index showed...

Inflation Threatens CBN’s Rate Cut Plan The Central Bank of Nigeria’s Monetary Policy Committee’s long-awaited interest rate-cutting cycle risks being short-lived, if it starts at all. The CBN Governor, Godwin Emefiele, had said last month that the MPC might reduce its benchmark interest rate from the...

 January Inflation Rate stands at 15.13% The Consumer Price Index (CPI) which measures inflation started the year 2018 increasing by 15.13 percent (year-on-year) in January 2018. This was 0.24 percent points lower than the rate recorded in December (15.37 percent) making it the twelfth consecutive...