Tuesday, January 17, 2023

Nigeria's Inflation Falls For First Time After 10 Months of Increases

INTRO


Nigeria's inflation dipped in December to 21.34 per cent from 21.47 per cent in November after 10 straight monthly increases, according to the National Bureau of Statistics (NBS).


The drop in the inflation rate comes as the Central Bank's Monetary Policy Committee prepares to meet for the first time this year.


At the meeting, scheduled for next week, the MPC as part of efforts to tame inflation would decide on interest rates in Africa's largest economy.


Ajeck Mangut reports from Abuja.



INTRO: "The National...

OUT: SOC

DUR: 44"   


Clip: http://www.fsnradionews.com/feeds/1701Nigeria'sinflationdips-AM-generic.mp3