By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Central Bank Tuesday retained its Interest Rate at 12 percent (12%) as part of the decisions taken at its Communiqué No. 91 of the Monetary Policy Committee (MPC) Meeting of Monday and Tuesday September 23 and 24, 2013. At the MPC meeting, it took […]
Tag: CRR
Headline Inflation to Remain at 8.64% in August
The National Bureau of Statistics (NBS) is expected to release the GDP numbers tomorrow and the headline inflation data for August 2013 on September 17, one week ahead of the MPC meeting this month. FDC is forecasting that headline inflation will remain unchanged at 8.64%. This will mean that the […]
