The International Monetary Fund (IMF) has projected a 3% growth rate for Nigeria in 2025, slightly down from the 3.1% forecasted for 2024. Despite this slight...
Nigeria’s headline inflation rate surged to 34.19% in June 2024, a significant increase from the 33.95% recorded in May. This rise highlights the continuing pressures on...
As Nigeria awaits the release of the National Bureau of Statistics’ report on June 2024 inflation, economic analysts project that while inflation will continue its upward...
Nigeria is grappling with a severe fuel crisis as the landing cost of Premium Motor Spirit (PMS), commonly known as petrol, has skyrocketed to N978 per...
Egyptian inflation eased for the fourth consecutive month in June despite a historic increase in the cost of subsidized bread that feeds a significant portion of...
The pervasive impact of a severe petrol scarcity has thrown businesses across major Nigerian cities into disarray as long queues have started showing up at petrol...
The agricultural heart of South Africa’s northernmost province, Limpopo, is facing a severe crisis as black frost swept through the region on Sunday morning, causing extensive...
Kenya’s credit rating has been downgraded to Caa1 by Moody’s Investors Service, a deeper descent into junk status for the East African nation. The downgrade comes...
Nigeria’s liquefied natural gas (LNG) export industry is facing significant challenges as feedstock shortages have led to a 13 percent decline in exports. According to the...
Kenya’s National Treasury will significantly reduce expenditure and take on additional loans to compensate for the revenue plans it was forced to abandon following deadly protests....
