The world’s central banks have begun the new year with policy adjustments as the global battle against inflation continues and as they adjust to the new…
Browsing: inflation
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the bank’s commitment to curbing inflation and stabilising the country’s economy. Speaking at…
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has stated that the apex bank’s “decisive policy interventions” prevented inflation from surging to 42.81 percent…
Malawi’s year-on-year inflation rate increased to 28.1% in December 2024, rising from 27.0% in November, according to the latest data released by the National Statistics Office…
The World Bank has urged the Central Bank of Nigeria (CBN) to stay committed to its inflation control measures. Dr Sameer Matta, Senior Economist for Nigeria,…
The Nigerian Economic Summit Group (NESG) has forecasted a significant decline in inflation to 24.7% in 2025. The group also predicts the naira will stabilise at…
Rising inflation, high interest rates, and the continued depreciation of the naira could push an additional 13 million Nigerians below the poverty line by 2025, according…
The average cost of food in Nigeria skyrocketed by 97% between November 2023 and November 2024, according to the latest Selected Food Price Watch report from…
Canadian inflation eased by 0.1 percentage points to 1.8% in December, aided by a temporary sales tax holiday on select consumer goods, according to Statistics Canada.…
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has identified inflation as the most pressing challenge to stabilising Nigeria’s economy. Despite rising…