Investment bank, FSDH, expects inflation rate (year-on-year) in the month of May to drop to 16.13% from 17.24% recorded in the month of April 2017. This would mark the fourth month that prices have cooled.
The drop is expected to come mainly as a result of base effect from the increase in the pump
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LOLADE AKINMURELE
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
