Muhammad Sani Abdullahi, the Deputy Governor of the Economic Policy Directorate of the Central Bank of Nigeria (CBN), has disclosed that Nigeria&...
Nigeria’s inflation rate rose to 31.70 per cent in February from 29.90 per cent recorded in January 2024. This figure indicates an increase o...
The International Monetary Fund (IMF) has warned that Nigeria’s inflation rate could soar to an unprecedented 44% if the Central Bank of Nigeria...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has assured that Nigeria’s inflation rate will drop to 21.4% in 2024 amid th...
The Central Bank of Nigeria (CBN), the Nigeria Economic Summit Group (NESG), the World Bank, and the International Monetary Fund (IMF) have discl...
In August, Turkey experienced a significant surge in annual inflation, reaching a staggering 58.94%, up from July's already-high 47.83%. Offici...
The Bank of England (BoE) on Thursday made the decision to increase its key interest rate by half a point to 5% in an attempt to address persistent hi...
Business activity in the eurozone experienced a mixed performance in May. This is as the dominant services industry provided support while the manu...
Turkey’s inflation eased further in January, official data showed on Friday. The Turkish Statistical Institute (TurkStat) data showed that th...
Instead of frequently increasing the Monetary Policy Rate, Financial experts have urged the Central Bank of Nigeria (CBN) to consider local solutions ...
Some residents of the South East Zone of the country have vowed to resort to firewood and charcoal if prices of cooking gas continue to soar. The c...
Nigeria is among the countries most unprepared to cope with the pressure of accelerating global inflation and rising interest rate...
Africa's largest economy has been struggling to keep its head above the water. But its stability is still largely threatened by monstrous inf...
The National Bureau of Statistics (NBS) reported that Nigeria's inflation rate reduced in May by 0.19 percent to 17.93 percent from 18.12 per...
The National Bureau of Statistics (NBS), says the inflation rate reduced by 0.05 percent in April compared to what obtained in March.’ It sai...