President Bola Tinubu has issued an executive order exempting pharmaceutical inputs from import taxes. This strategic decision is part of a broader effort to enhance the...
Taiwo Oyedele, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has described Nigeria as a poor country with the potential to be...
Professional services firm PwC Nigeria has projected that the country’s inflation rate will reach approximately 29.5% by the end of the year. This forecast is significantly...
South Africa’s inflation rate remained unchanged in May, increasing the likelihood that the central bank will maintain current borrowing costs. According to a statement released by...
Ghana’s economy showed impressive growth in the first quarter of 2024 with the Gross Domestic Product (GDP) expanding by 4.7% compared to the same period last...
The World Bank has pledged over $15 billion in technical advisory and financial support to help the country achieve sustainable economic prosperity. This commitment, announced in...
Nigeria’s food inflation rate surged to 40.66% on a year-on-year basis in May 2024, a significant increase from 24.82% recorded in May 2023. The latest figures...
The National Bureau of Statistics (NBS) has revealed that Nigeria’s headline inflation rate rose to 33.95% in May 2024, a slight increase from the 33.69% recorded...
Experts are forecasting a robust growth trajectory of 4% for the continent in 2025. This optimistic projection was highlighted during the ongoing Afreximbank annual meetings, incorporating...
Nigeria’s food import bill has surged to a five-year high in the first quarter of 2024, despite the federal government declaring a state of emergency on...