The inflation rate grew at a 20.52% year-on-year rate in August, the fastest pace of increase in the last 17 years
Since its low in June, the S&P has seen a bump of 18%, while the NASDAQ has risen roughly 20%
Inflation rate, grew at a 19.64% rate in July, the highest since September 2005 when inflation peaked at 24.32%
The United States Senate has voted in support of President Joe Biden's $749 billion Inflation Reduction Act expected to rein in America's over 40-year high inflation...
The Monetary Policy Committee led by the Central Bank of Nigeria raised the interest rate by 100 basis points to 14% on Tuesday.
Nigeria's inflation rate rose to 18.60% year-on-year in the month of June, according to the latest data from the National Bureau of Statistics (NBS).
The Central Bank of Nigeria (CBN) on Tuesday raised the interest rate by another 100 basis points from 13% to 14% to curb the nation's rising...
The United States inflation rate rose from 8.6% in May to 9.1% in the month of June, the U.S. Bureau of Labor Statistics reported on Wednesday.
The persistent increase in the price of bakery materials and the Federal Government’s nonchalant attitude towards the situation has forced bread producers across the country to...
Rising cost of goods and services is expected to compound Nigeria's high cost of subsidizing fuel and eventually impede the nation's ability to wriggle out of...