Nigerian stock market will react positively to 16.25 % May inflation figure — expert
A financial expert, Mr Sewa Wusu, on Saturday expressed optimism that the reduction in the May inflation rate figure of 16.25 per cent would impact positively on the Nigerian Stock Exchange (NSE).
Inflation rose to 9.4% in November
The marginal increase represents a 0.1 per cent rise from 9.3 per cent recorded in the previous month.
Unemployment rate rises further
LAGOS— Despite improvements in some key economic indices, unemployment rate has risen further in third quarter (Q3) 2015, making it the fourth consecutive rise in unemployment rate quarterly since Q3, 2014.
Inflation drops to 9.3% in October
The National Bureau of Statistics (NBS) released its report on the Consumer Price Index (CPI) for the month of October, showing that inflation rose to 9.3 per cent in the tenth month of the year compared to 9.4 per cent in the previous month.
Inflation rate edged to 9.3 % in August – NBS
The National Bureau of Statistics (NBS) on Monday said that inflation rate edged higher to 9.3 per cent in August, compared to the 9.2 per cent rate in July.
This is contained in August 2015 Consumer Price Index (CPI) issued from the NBS in Abuja.
Analysts predict 8.7% inflation
Analysts at the Financial Derivatives Company (FDC) Limited predicted inflation rate of 8.7 per cent for July. “Our forecast for Nigeria’s headline inflation in July indicated a 0.37 per cent increase to 8.77 per cent (±0.22%) from June’s 8.4 per cent”, they said in the FDC Economic Bulletin for August.
