Nigeria’s headline inflation rises to 15.75% in December

Nigeria’s headline inflation rose to 15.75 per cent in December 2020, this is 0.86 percentage points higher than the rate recorded in November at 14.89 per cent. On a month-on-month basis, headline inflation rose by 1.61 per cent. Dumebi Udegbunam, Fixed Income Trader at UBA joins me as we look at how this data point could impact activities at the capital markets as well as wrap up the trading week.

Fri, 15 Jan 2021 14:49:06 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.