BY TEMITOPE ADEBAYO Analysts at Afrinvest West Africa are projecting that Nigeria’s inflation rate for June 2025 will ease further to 22.2 per cent year-on-year, down from 22.9 per cent in May, signalling continued disinflation in the domestic economy. In its latest macroeconomic briefing, Afrinvest West Africa analysts estimate a 14 basis point uptick in […]
Financial analysts have identified effective financing and regulation as key ingredients to boost commodities trading market and improve diversification plans of the federal government. They made the call on in on Tuesday at the just concluded International Conference on the Nigerian Commodities market organized by the Securities and Exchange Commission in Abuja. The conference which […]
Lagos – Analysts on Wednesday urged the Federal Government to strengthen the non-oil sector by ensuring lower interest rate to reduce cost of borrowing, in order to boost Gross Domestic Product (GDP). They stated this in an interview in Lagos, while reacting to the fourth quarter GDP which expanded to 2.55 per cent. NBS, on […]
. The devaluation of a currency can be a divisive strategy, but some market analysts anticipate that the Central Bank of Nigeria (CBN) will be left with no choice but to intentionally weaken the naira in 2020. Concerns over the rising US dollar and threats to Nigerian exports have prompted these calls for devaluation in […]