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Inflation rate falls to three-year low

By Okechukwu Nnodim with agency reports Nigeria’s headline inflation unexpectedly fell in July, data showed, reaching its lowest level for more than three years following an aggressive period of monetary tightening by the Central Bank of Nigeria. Gains in consumer prices eased to 9.4 per cent year-on-year from 10.2 per […]

Nationalised Banks: AGF endorses CBN, NDIC actions

By InvestAdvocate Lagos (INVESTADVOCATE)-The Attorney General of the Federation, has endorsed the actions of Central Bank of Nigeria (CBN), Nigerian Deposit Insurance Corporation (NDIC) and Asset Management Corporation of Nigeria (AMCON) over the Nationalisation of three Banks. This was contained in Statement Tuesday from the office of the AGF and […]