Nigeria's Inflation Remains High at 16% Despite Recent Drop, JP Morgan MD Highlights Challenges
JP Morgan MD for West Africa, Dapo Olagunju, discussed Nigeria's inflation rate, which stands at 16%, despite a decrease from 32% last year. He commended Nigeria's economic strides but emphasized the significant challenge of high inflation.
Olagunju defended Nigeria's recent credit rating upgrade by S&P, outlining the benefits it brings. Additionally, Femi Jaiyeola of Access Bank discussed meeting the Central Bank of Nigeria's recapitalization requirements, while UBA's Chukwudubia Okoy talked about capital deployment strategies in line with Basel III regulations.
Plus234Feed summary based on reporting from NairaMetrics. Read the original report below.
Read full article
Continue on NairaMetrics
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Nigeria's Inflation Rate Drops to 18.02% in September: NBS Report
Nigeria's Inflation Rate Falls to 14.45% in November, CPI Rises: NBS Report
Nigeria's Inflation Rate Drops to 16.05% in October 2025
Nigeria's Inflation Rate Drops to 16%: NBS Report Reveals Positive Trend
Nigeria's Inflation Rate Falls to 18.02% in September 2025
Nigeria's Inflation Rate Drops to 16.05% in October - NBS Report
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
