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...
US inflation surged to 3.2% last month, exceeding economists’ predictions and putting pressure on the US Federal Reserve to reconsider its monetary policy. Economists surveyed by...
Nigeria’s headline inflation surged to 29.90% in January 2024, a significant uptick from the December 2023 figure of 28.92%, according to the latest data released by...
As Nigeria grapples with economic challenges, citizens are facing intensified financial strain due to a significant surge in commodity prices under the presidency of Bola Ahmed...
Nigeria’s inflation rate jumped 0.72% in December to push annual inflation to 28.92%, the highest in three decades. According to the latest report from the National...