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FDC

Closure of Seme border: Analysts project hike of inflation rate in September

smuggling

Financial Derivates Company (FDC) Limited has said inflation rate in September may likely to spike to 11.22 per cent, attributable to closure of the Seme border by the federal government to curb inflow of imported rice, others. The company in its report noted that the increase in inflation rate is coming after three months of […]

Analysts expect further increase in inflation in May

Motolani Oseni As the National Bureau of Statistics (NBS) sets to release report on Consumer Price Index (CPI) for May, a group of analysts at Financial Derivates Company Limited (FDC) and FSDH Research have predicted further, increase in inflation rate for last month. The groups believed this was because of raining season and security challenges […]

FDC predicts January inflation rate at 14.90%

Analysts at Financial Derivates Company Limited (FDC) have predicted that inflation rate will plunge to 14.90 per cent in January 2018. According to FDC report, “We forecast that year-on-year headline inflation will plunge to 14.9per cent in January 2018. This is a 0.47per cent decline from 15.37 per cent in December 2017. “If our estimates […]