Falling headline Inflation masks higher pricing power for NSE 30 firms

Inflation

Nigeria’s inflation rate is moderating, but the equities market suggests customers are paying higher prices on consumption. With the latest data from the National Bureau of Statistics (NBS), showing the nation’s inflation rate slowed year-on-year in February to a 3-month low at 11.31 percent, the country’s Monetary Policy Committee (MPC), other things being equal, might…

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