Nigeria’s annual inflation has remained elevated despite varying reforms by the Central Bank of Nigeria (CBN) targeted at easing the 28-year-high consumer price index.
June inflation quickened to 34.19 percent from 33.95 percent in May 2024, and will likely force an interest rate hike by the CB
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Wasiu Alli & Zainab Aderounmu
Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.
