By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigeria’s Central Bank Tuesday retained the Monetary Policy Rate (MPR) at 12 percent (12%), this is coming on the heels of the CBN Communiqué No. 90 of the Monetary Policy Committee (MPC) meeting. As part of the decisions, the MPC by a vote of […]
Tag: Inflation
Analysts forecast drop in May inflation to 8.9%
Financial analysts have predicted a decline in the inflation rate for the month of May to 8.9 per cent, from 9.1 per cent recorded in April. FSDH Merchant Limited, in a report titled: ‘Inflation Watch’ made available to our correspondent on Thursday, said, “Our model indicates that the price movements […]
Nigeria to Sell Inflation-Linked Bonds Within 4 Years, DMO Says
Nigeria plans to sell inflation-linked bonds to address the concern of investors about the impact of inflation on the domestic debt market, the Debt Management Office said. “The inflation-linked bond is part of our 2013 to 2017 strategic plan,†Abraham Nwankwo, director general of the agency known as DMO, told […]
