The overall inflation rate in November 2023 increased to 28.20%, exceeding the October 2023 rate of 27.33%. This represents a 0.87% month-on-month increase. When compared to November 2022, the year-on-year ...
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has forecasted a positive economic outlook for 2024, anticipating a decline in the upward trends of inflation and exchange ...
Rising inflation and low economic growth in Nigeria will push a further 2.8 million people into poverty by 2023’s end, the World Bank has disclosed. This is based on a ...
The Central Bank of Nigeria has again postponed the meeting of its monetary policy committee despite the surge in inflation. A report by Bloomberg on Monday which quoted the CBN’s ...
The Central Bank of Nigeria (CBN) has indicated that prevailing inflationary pressures will likely persist in the near term, as outlined in its second-quarter economic outlook report. The bank cited ...
In a surprising turn of events, Ghana's inflation rate dropped more than anticipated to a 14-month low of 35.2% in October, down from the 38.1% recorded in September 2023. This ...
KPMG forecasts that Nigeria’s headline inflation will rise to 30 percent by December 2023, attributing the anticipated increase to recent reforms, such as fuel subsidy removal, and the unification of ...
Women have been advised to find less expensive options when it came to their self-care in order to deal with persisting inflation in Nigeria. This advice was given at the ...
Stears has announced that Nigeria’s inflation rate may rise to 30 per cent by December 2023. The data-driven insights provider announced this while unveiling its Pan-African inflation forecasts. It projected ...
The National Bureau of Statistics, NBS yesterday said that the prices of beef and Yam rose up by 24.9 per cent and 22.8 per cent Year-on-Year, YoY respectively in May, ...
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