How Economy Lost Single Digit Inflation Target The 18-month consecutive fall in inflation rate, had in the last two months, lost momentum in making more significant decline, as food prices, now coupled with assessed harvest failures, worsened outcome. Consequently, the nation’s inflation numbers returned to negative...

MPC: Experts Predict Rise In Inflation, Unchanged Rates   Financial and economic experts have said the Monetary Policy Committee of the Central Bank of Nigeria will likely leave the Monetary Policy Rate, also known as the benchmark interest rate, unchanged at the end of its two-day...

Inflation Rate Faces Risks, Say Emefiele, Others The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said the nation may see a reversal of the decline in inflation rate if the risks threatening favourable macroeconomic conditions are not addressed. In a communiqué of...

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...