CBN expects inflation to moderate in 2023
Rising cost of living amid forex scarcity pushed inflation to a new record high of 21.09 percent in October 2022
U.S. Consumer Price Index (CPI) grew at a slower pace of 7.7% in October, below the 8.2% recorded in September
Inflation for the month of October in the Eurozone reached an all-time high of 10.7 percent from 9.9 percent in September 2022
The International Monetary Fund (IMF) has noted that rising inflation can cause social and political instability in Nigeria and other countries in Sub-Saharan Africa.
The global persistent increase in prices of goods and services following the Russia-Ukraine war has pushed the U.K. headline inflation back to double-digit in the month...
Food inflation in Africa’s largest economy Nigeria hits a record 23.34% in September 2022, according to the latest report from the National Bureau of Statistics (NBS).
Inflation in Africa's largest economy Nigeria jumped to a record high in the month of September as prices continue to escalate across the board.
The central banks of the three biggest economies in Africa are expected to raise interest rates in days to come in an effort to curb rising...
The inflation rate grew at a 20.52% year-on-year rate in August, the fastest pace of increase in the last 17 years