Business News

Inflation drops to 15.91 in October – NBS

Ihesiulo Grace 15 November 2017 0

The Consumer Price Index (CPI) which measures inflation increased by 15.91 percent (year-on-year) in October 2017, lower than the rate recorded in September (15.98) percent making it the ninth consecutive disinflation (slowdown in the inflation rate) in headline year on year inflation since

Business Money

Analysts predict further drop in inflation to 15.99%

Ihesiulo Grace 11 October 2017 0

Motolani Oseni A group of analysts at the Financial Derivates Company Limited (FDL), have predicted further drop in inflation to 15.99 per cent. The analysts say that the decline will result from widespread ease in food commodity prices, associated with early harvest. ‘ This is coming on the heels of National Bureau of Statistics’ (NBS’) […]

Business

FG to raise N140bn through bonds auction next week – DMO

Ihesiulo Grace 4 May 2017 0

The federal government through the Debt Management Office (DMO) has announced that it would raise a total of N140 billion through bonds auctions on May 10, next week Wednesday. The debt office will sell 40 billion naira of bonds due in 2021 and 50 billion naira each of bonds due in 2027 and in 2037, […]

Business News Nigeria

TSA, monetary policies stifling growth, FDI – Group tells FG

Ihesiulo Grace 28 February 2017 0

The National Rebirth Group (NRG), has called for a review of certain policies of the Federal Government following rising inflation and dwindling Foreign Direct Investments (FDIs). Representative of the group, Comrade Salisu Mohammed, during a World Press Conference held Thursday in Abuja, said policies of the Federal Government were not helping the already deplorable

News World

UK Inflation Rate Falls To Zero

Ihesiulo Grace 24 March 2015 0

UK inflation rate fell to 0 per cent in February, the lowest since records began, official figures show. According to BBC, lower prices for food and computer goods helped to cut the rate from 0.3 per cent in January, official figures show. February’s figure is the lowest rate of Consumer Prices Index (CPI) inflation since […]