http://afripol.org Nigeria inflation rate in 2013 continues to be below 10 percent for the fourth month in a role. According to the numbers coming from The National Bureau of Statistics (NBS), the 2013 April inflation rate stood at 9.1 per cent, much higher that of March 2013 which was 8.6 percent. "Sanusi and his gang […]
OIS flat on global risk aversion; G7 meet eyed : Rajesh Sharma Money Matters Financial Services Limi
Overnight indexed swap rates ended flat amid global risk aversion, as traders refrained from building big positions, waiting for the outcome of the conference call of the finance ministers of the Group of Seven countries on the Euro zone debt crisis. The one-year OIS and the five-year OIS today ended flat at 7.60-7.66% and 7.24-7.30%, […]
Nigeria Economic Activities: Inflation, Interest Rate and CBN Meeting
http://afripol.org/ Inflation rate at 12.9%, Central Bank of Nigeria (CBN) retains interest rate at 12 percent. But economic activities are becoming unpredictable. The two-day meeting of Central Bank of Nigeria‘s Monetary Policy Committee (MPC) ended with a lukewarm outlook, projection and pronouncement on the state of the economy by the Governor Sanusi, the head of […]
Nigeria: Inflation spikes, Naira recoils and T-bills sell continues
http://afripol.org/ The country’s inflation rate is not subsiding and with March’s surging inflation rate at 12.1 percent, the partial removal of fuel subsidy has begun to clamp down on the economy. The inflation rate of February was at 11.9 percent, and the new number for March (12.1 percent) shows that inflationary trend is gaining momentum […]
Nigeria’s Economy: Inflation, GDP Growth and Jobs
http://afripol.org/ Nigeria’s grip on inflation rate is becoming consistent at third quarter with a single digit at 9.3 percent, and with an impressive economic growth rate at 7.72 percent in August. So far a significant development and good track record is brewing, for at the beginning of third quarter inflation rate was 9.4 percent in […]
Inflation Versus Hyperinflation – The Crucial Difference
"Hyperinflation." You’ve heard the word. You may have talked about it on the golf course or at the dinner table. (Or even in the grocery store.) There is a difference, though, between inflation and hyperinflation. They are not the same thing. And for the most part, there is no gradual path from one to the […]
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