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‘Fuel subsidy, forex liberalisation may drive inflation to 30% by December’

Ahead of tomorrow’s (Tuesday) release of October 2023 inflation figures by the National Bureau of Statistics (NBS), multinational professional services network, KPMG, has said that headline inflation in Nigeria will reach 30 per cent by December 2023. Nigeria’s current inflation rate for the month of September is 26.72 per cent.
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ZENITH BANK MAINTAINS IMPRESSIVE PERFORMANCE WITH TRIPLE-DIGIT TOPLINE AND BOTTOM LINE GROWTH IN Q3 2023

Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2023, recording a remarkable triple-digit growth of 114% from N620.6 billion reported in Q3 2022 to N1.33 trillion in Q3 2023. This performance demonstrates the Group’s resilience and strong market share despite a very challenging macroeconomic environment.