“We are optimistic”: Hope as analysts predict inflation will decline

  • Financial Derivatives CEO Bismarck Rewane has predicted better days for Nigeria’s economy despite the country’s rising inflation rates
  • Rewane brought up significant concerns about how the country might profit from the recent departure of a few large firms
  • This came after Nigeria’s headline inflation rate increased from 33.69% in April to 33.95% in May, a change of 0.26 percentage points

Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

Despite Nigeria’s increasing rates of inflation, Financial Derivatives CEO Bismarck Rewane has forecast better times ahead for the nation’s economy.