Page 259 - சொத்து மேலாண்மை வரையறுக்கப்பட்டவை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Views: Visits 10 The Central Bank of Nigeria (CBN) has for six years missed its six to nine per cent single digit inflation rate target. At 14.89 per cent in November, which is 32-month high, inflation upswing has  not only eroded savings account depositors’ interest income but triggered new wave of investments in alternative assets. Mutual Funds, Eurobonds and commodities markets are new choices for investors and savings account depositors seeking higher yields to protect their funds from inflation-induced capital erosion. Foreign investors are also buoyed by higher returns in Nigeria which remains an incentive for sustained capital inflows.  With Nigerian Treasury Bills (T-bills) yield now below one per cent per annum,  savvy fund managers, savers and investors need to work smarter to beat rising inflation with higher good returns on investments, writes

United statesOkechukwu unegbuMichael mathew adamsZainab ahmedMichael nzewiOla belgoreGodwin emefieleLagos chamberCentral bankMutual fundInstitute of bankers nigeriaAfrinvest west africaExchange commission of nigeriaHead research at coronation asset managementCardinalstone partnersMonetary policy council