Nigeria’s August inflation up 13.22% y/y

PUBLISHED: Tue, 15 Sep 2020 15:55:50 GMT

Traders say they expect an increased demand pressure for bonds in today’s session as local investors look to efficiently deploy their excess liquidity. This comes as figures from the National Bureau of Statistics reported a rise in August inflation to 13.22 per cent. Chioma Udu, FX trader at GT Bank joins CNBC Africa’s Christy Cole for a market’s outlook discussion….

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