{"id":102141,"date":"2023-11-26T19:53:40","date_gmt":"2023-11-26T18:53:40","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/nigerias-inflation-will-reduce-in-next-two-quarters-cbn-governor"},"modified":"2023-11-26T22:20:13","modified_gmt":"2023-11-26T21:20:13","slug":"nigerias-inflation-will-reduce-in-next-two-quarters-cbn-governor","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-inflation-will-reduce-in-next-two-quarters-cbn-governor","title":{"rendered":"Nigeria\u2019s inflation will reduce in next two quarters \u2013 CBN Governor"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso, said monetary policy measures put in place by the apex bank would substantively tackle Inflation in the next two quarters.<\/p>\n<p>Cardoso disclosed this on Friday during his remark at the 58th Bankers Dinner of the Chartered Institute of Bankers of Nigeria in Lagos.<\/p>\n<p>According to him, the measures put in place by the CBN have started yielding results as month-on-month inflation growth is declining.<\/p>\n<p>\u201cWhile absolute Inflation is still rising, the declining rate of growth indicates progress. The CBN is confident that we can manage Inflation effectively with continued tightening measures for the next two quarters.<\/p>\n<p>\u201cMonth-on-month Inflation has also begun to decline, with a growth rate of 0.67 per cent in October compared to 0.97 percent previously\u201d, he said.<\/p>\n<p>DAILY POST reports that Nigeria\u2019s Inflation had continued to soar, reaching an all-time high of 27.33 per cent in October 2023.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/nigeria\">Nigeria<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso, said monetary policy measures put in place by the apex bank would substantively tackle Inflation in the next two quarters. Cardoso disclosed this on Friday during his remark at the 58th Bankers Dinner of the Chartered Institute of Bankers of Nigeria [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":102139,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,503,254,11361],"class_list":["post-102141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-nigeria-2","tag-cbn","tag-nigeria","tag-olayemi-cardoso"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nigeria\u2019s inflation will reduce in next two quarters \u2013 CBN Governor - Nigeria<\/title>\n<meta name=\"description\" content=\"The Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso, said monetary policy measures put in place by the apex ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-inflation-will-reduce-in-next-two-quarters-cbn-governor\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria\u2019s inflation will reduce in next two quarters \u2013 CBN Governor\" \/>\n<meta property=\"og:description\" content=\"The Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso, said monetary policy measures put in place by the apex ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-inflation-will-reduce-in-next-two-quarters-cbn-governor\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-26T18:53:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-26T21:20:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/11\/sm_1701017130.887361.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1655\" \/>\n\t<meta property=\"og:image:height\" content=\"1137\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-inflation-will-reduce-in-next-two-quarters-cbn-governor#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-inflation-will-reduce-in-next-two-quarters-cbn-governor\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Nigeria\u2019s inflation will reduce in next two quarters \u2013 CBN Governor\",\"datePublished\":\"2023-11-26T18:53:40+00:00\",\"dateModified\":\"2023-11-26T21:20:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-inflation-will-reduce-in-next-two-quarters-cbn-governor\"},\"wordCount\":172,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-inflation-will-reduce-in-next-two-quarters-cbn-governor#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/11\/sm_1701017130.887361.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"CBN\",\"Nigeria\",\"Olayemi Cardoso\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-inflation-will-reduce-in-next-two-quarters-cbn-governor#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-inflation-will-reduce-in-next-two-quarters-cbn-governor\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerias-inflation-will-reduce-in-next-two-quarters-cbn-governor\",\"name\":\"Nigeria\u2019s inflation will reduce in next two quarters \u2013 CBN Governor - 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