IMPI PROJECTS A 17% INFLATION RATE BY YEAR-END, URGES CBN TO EASE BENCHMARK RATE

‎*Dr.Omoniyi Akinsiju, IMPI Chairman The Independent Media and Policy Initiative (IMPI) is projecting that Nigeria’s headline inflation will further drop to 17 per cent by December 2025 after consecutive declines that took the figure to 20.12 per cent in August.‎‎The think tank also expects the Central Bank of Nigeria’s Monetary Policy Committee (MPC) to reduce the monetary policy rate (MPR) at its next meeting in response to five consecutive month-on-month drops in inflation.‎‎In its latest policy statement, signed by its Chairman, Dr Omoniyi Akinsiju, IMPI explained that the country is…

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