Monday, 29th May 2023
<To guardian.ng
Search

Nigeria’s July inflation slows to 11.08%: A look at the markets

Nigeria’s July inflation dipped for the second consecutive month to 11.08 per cent according to data from the National Bureau of Statistics (NBS). Meanwhile, the Central Bank of Nigeria (CBN) will hold its bi-weekly retail Secondary Market Intervention Sales (SMIS) Forex auction today. To discuss this and other stories impacting Nigeria’s money market, Nifemi Adeniyi, team leader of Liquidity Management at Access Bank joins CNBC Africa for more.

Related

12 Oct 2022
Sitting outside her restaurant at the heart of Souq Waqif, Qatari woman Mariam Al Mansour proudly says that her traditional meals are among the most sought after by locals and foreigners alike.
20 Oct 2022
After taking over their huge domestic market, Chinese e-vehicle manufacturers want to crash Europe. Can their wide range of electric cars make a breakthrough splash in Germany?
2 Nov 2022
Find these stories and much more when you grab a copy of The Guardian on Thursday.⁣
26 Nov 2022
African leaders said they would try to alleviate cyclic food insecurity on the continent back in 2003. It's time they got on with it, and they can use Western money to do so, writes DW’s George Okach.
20 Dec
The EU's competition watchdog has accused tech giant Meta, which owns Facebook and Instagram, of breaching antitrust rules. An early analysis says the firm distorted competition in the online classified ads business.
22 Dec
The 2022 FIFA World Cup champions, Argentina, received the biggest monetary award in the history of the competition. Argentina were awarded $42 million for winning the tournament, while runners-up France received $30 million.
26 Dec
DW reporter Sarah Hucal finds out how one of the most authentic Christmas markets in the US, the Chicago Christkindlmarket, compares to its German counterparts.
20 Jan
The super-rich have more money than they could ever spend. But how can society compel them to give up their excessive wealth? Billionaires counter that they work hard, create jobs and make big donations.
29 Jan
Well-worn U.S. dollar notes are finding a new home on the streets of Harare, where they are bought at nearly half their value for resale at a profit after mending, as Zimbabweans find creative ways to survive an unrelenting financial onslaught.
31 Jan
Find these stories and much more when you grab a copy of The Guardian on Wednesday.⁣
4 Feb
Battery electric vehicles have climbed to a record share of new car sales in the EU, albeit still a modest 12.1%. In the last quarter, alternatively-powered vehicles outsold petrol and diesel for the first time.
3 Feb
The Adani Group conglomerate has seen tens of billions of euros wiped off its market value since a short-seller's report accused it of pulling "the largest con in corporate history" last week. It has now cancelled a €2.2 billion ($2.5 billion) share sale meant to help reduce debt levels. Billionaire founder Gautam Adani maintains that the "fundamentals" of the group are "strong".