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Tag: Single-digit

How Economy Lost Single Digit Inflation Target

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...

BoI To Disburse N250bn To MSMEs At Single Digit Interest

BoI To Disburse N250bn To MSMEs At Single Digit Interest   The Managing Director, Bank of Industry, Mr Olukayode Pitan, has said the $750m (N250bn) syndicated loan facility, which it received from the African Export-Import Bank last week, will be disbursed to Micro, Small and Medium...

Inflation Rate Perceive Heading Towards Single-digit

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...