Headline inflation rate drops in June
Despite the decline in headline inflation rate to 11.2 percent in June 2019, analysts in the financial sector of the economy have projected that the headline inflation index will rise to 11.5 percent in the second half of 2019, H2’19.
Inflation defies analysts’ projections, drops to 11.26% in October
Contrary to analysts’ projections of a third consecutive month rise in inflation rate, Nigeria’s headline inflation rate fell to 11.26 per cent, year-on-year, YoY in October 2018, down from 11.28 percent YoY in September.
Q4’18: Rising inflation threatens equities outlook
The equities as well as the bonds market will likely come under intense sell pressure in the remaining part of the year giving room to sustained reign of the bears, investment experts in the capital market have said
Higher food prices push up October inflation – Analysts
NIGERIA’S inflation rate has been projected to rise for the third consecutive month in October, driven by continued increase in food prices, occasioned by herdsmen attack on farmers and recent episodes of flooding which undermine food supply across the country.
Nigeria’s inflation increases in Sept. -NBS
The National Bureau of Statistics (NBS) says the Consumer Price Index, (CPI) which measured inflation for September increased to 11.28 per cent (year-on-year) from 11.23 per cent recorded in August.
Declining reserves, rising inflation to dominate MPC considerations
AS the nation’s external reserves continued its downward trend for the tenth consecutive week last week, with month-to-date decline of $948 million, the ten man Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) will meet for the 263rd time today to brainstorm on policy measures to address the economic headwinds of declining external reserves, rising inflation and slowdown in economic growth
