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Month

October 2021

NIGERIA’S INFLATION REPORT – SEPTEMBER 2021

The Consumer Price Index (CPI)/Headline Inflation/All Item Index The Consumer Price Index (CPI), which measures inflation rose by 16.63% Year-on-Year (YoY) in Sept’21. This is 0.38% lower than the rate recorded in Aug’21 (17.01%). The headline inflation rate eased for...
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WEEKLY MARKET UPDATE:

The NSE ASI closed the week in green by 1.61% as it closed positive in all the 5 trading sessions during the week as a result of buy pressures in bellwether stocks such as FBNH (+21.74%) and ETERNA (+10.00%). Consequently,...
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E-Naira Digital Currency: What You Need to Know.

Some weeks ago, the Central Bank Governor, Mr Godwin Emefiele announced that Nigeria plans to launch its own digital currency, called the “eNaira”. This is a central bank digital currency (CBDC), which is the virtual format of a fiat currency...
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