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...
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...
Nigeria’s Finance Minister and Coordinating Minister of the Economy, Wale Edun, has assured citizens that the nation is on the right path to economic recovery, with...
The Bank of Ghana is anticipated to keep its benchmark interest rate steady at 29% to curb soaring inflation and stabilize the nation’s currency, the cedi....
Nigeria is grappling with soaring inflation as data from the statistics agency revealed that the country’s headline inflation surged to a new 28-year high in April....
South Africa’s inflation rate declined to a two-month low, according to data released by Statistics South Africa. Consumer prices rose by 5.3% year-on-year, down from 5.6%...
Economic uncertainty in Africa’s largest economy, Nigeria, continued to push inflation higher in March despite efforts to ease rising consumer prices. The Consumer Price Index, which...
As policymakers convene at the Bank of Ghana, all eyes are on the anticipated decision regarding interest rates, expected to remain unchanged as the nation grapples...
The International Monetary Fund (IMF) has issued a stern call to the Federal Government of Nigeria, urging immediate action to address the soaring prices of essential...