FSDH Merchant Bank has projected further decline in the inflation rate to 11.23 percent in April.
This trend according to FSDH Merchant Bank continued in April but could be reversed in the coming months should there an adjustment to the pump price of petrol.Head of Research, FSDH Merchant Bank stated this at a media presentation of the bank’s monthly economic and financial markets outlook for May titled: “Investment Opportunities in the Nigerian Financial Market”.
Meanwhile the bank has called for increased efforts to enlighten the public about the savings and investments products in the financial market in order to enhance savings in the country.
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