Inflation rise strengthens case for rate hold as liquidity signals shift

Nigeria’s inflation rate rose to 15.38 percent in March from 15.06 percent in February, reinforcing concerns that underlying price pressures remain persistent and complicating the outlook for monetary policy ahead of the Central Bank of Nigeria’s (CBN) May meeting. Analysts who spoke on Arise TV attributed the uptick to a combination of rising energy costs, […]

read more Inflation rise strengthens case for rate hold as liquidity signals shift