Tag Archives: Inflation

Analysts Predict Further Drop In Inflation To 15.99%

By Nse Anthony-Uko (Sundiata Finance) – A group of analysts at Financial Derivatives Company Limited (FDC) have predicted further drop in inflation to 15.99 per cent, attributing the decline to widespread ease in food commodity prices, associated with early harvest. This is coming on the heels of National Bureau of Statistic (NBS) October 17 likely releasing of Consumer Price Index ...

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Cutting Interest Rate Now Will Fuel Recession – Emefiele

By Nse Anthony-Uko (Sundiata Finance) – Despite the several calls from the real sector for a cut in the benchmark interest rate, the governor of the Central Bank of Nigeria, Godwin Emefiele has reiterated the decision of the apex bank to hold rates saying a cut in rates would cause the economy to sink further into recession. Speaking at 2017 ...

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Despite Decline, Inflation Rate Remains Strong Concern For CEOs

Though Nigeria’s inflation rate has been on the decline since this year, its remaining above 12 per cent makes it a source of concern to most Chief Executive Officers. Most of them who were panellists at the third edition of ‘NSE Bloomberg CEO Roundtable’ were unanimous in their submission that Federal Government policies should wrestle inflation. Ahead of most analysts’ ...

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FSDH Expects Nigeria’s Inflation To Slow For 4th Month

By Nse Anthony-Uko ABUJA, (Sundiata Finance) – Investment bank, FSDH, said on Monday it expects Nigeria’s inflation rate (year-on-year) for May to drop to 16.13 per cent from 17.24 per cent recorded in April 2017.  This would mark the fourth month that prices have cooled. The National Bureau of Statistics (NBS) is expected to release the comsumer price index (CPI) ...

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