Opinion: Nigerian Shares Steady But  Dollar Sinks As Investors Digest Inflation Data

Opinion: Nigerian Shares Steady But Dollar Sinks As Investors Digest Inflation Data

By Lukman Otunuga, Senior Research Analyst at FXTM — Nigerian shares hovered around 2021 highs on Thursday, gaining over 4.4% year-to-datedespite the December U.S. inflation report reinforcing Fed rate hike expectations. The U.S. consumer price index (CPI) jumped 7% year-on-year,...
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LCCI Tasks FG On Inflation, Others

LCCI Tasks FG On Inflation, Others

The Lagos Chamber of Commerce and Industry (LCCI) has called for better management of the country’s inflation, foreign exchange(FX) and debt portfolio indexes.  LCCI President, Dr Michael Olawale-Cole, made the call during the Chamber’s 2022 first qua...
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Inflation: Expert  Tasks CBN On Agric Interventions

Inflation: Expert Tasks CBN On Agric Interventions

The Association of Capital Market Academics of Nigeria (ACMAN) has urged the Central Bank of Nigeria (CBN) to scale up interventions in agricilture sector to stem the rising inflation figure.  ACMAN President, Prof. Uche Uwaleke, said this in an interview...
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Prices Of Cooking Oil Up By 40 Per Cent

Prices Of Cooking Oil Up By 40 Per Cent

Prices of palm oil and vegetable oil have skyrocketed in major markets across Enugu State metropolis, placing both commodities beyond the reach of many consumers. A market survey conducted by the News Agency of Nigeria (NAN) on Saturday revealed that...
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CBN targets single digit inflation

CBN targets single digit inflation

Nigeria “will get back” to single digit inflation, the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has declared.    In an interview with Arise Television, Emefiele explained that with the improvement seen in growth from the negative 1.7...
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