Tag: October

Nigeria’s inflation drops to 11.26% in October

Nigeria’s headline inflation dropped to 11.26 per cent in the month of October representing a 0.02 per cent decline from 11.28 per cent recorded in September this year. Rita Chiemenem, Fixed Income Dealer joins CNBC Africa to discuss the details and trade activities in Nigeria’s fixed income and forex market.

Nigeria’s manufacturing PMI expands to 56.8 points in October

The Central Bank of Nigeria's manufacturing PMI for October came in at 56.8 index points, indicating an expansion for the 19th consecutive month. Ugochukwu Irechukwu, Divisional Head, Institutional Banking at Diamond Bank joins CNBC Africa from the banking hall for this discussion.

Nigerian inflation highest in more than 11 years

"During the month, the highest increases were seen in housing, water, electricity, gas and other fuels."