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…
Browsing: inflation
According to the most recent NESG-Stanbic IBTC Business Confidence Monitor report, Nigeria’s inflation rate is expected to drop to 27.1% by December 2025. This prediction gives…
Bismarck Rewane, Managing Director of Financial Derivatives Company, has called President Bola Tinubu’s ambition of reducing inflation to 15% by 2025 as both “aspirational” and “bullish.”…
Professional services firm, Deloitte Ghana, has forecasted a decline in inflation, predicting an average rate of 11.9% in 2025. This expected decline follows recent stability in…
Cuba plans to adopt a floating exchange rate as the country grapples with an annual inflation rate of 28% recorded in late October, Prime Minister Manuel…
The naira began the week on a positive trajectory, appreciating against the dollar in the official market. According to FMDQ data, the currency strengthened to N1545.10…
Nigeria, a resource-rich country beset by economic difficulties, is battling a steady increase in inflation. The Naira’s purchasing power has been diminished by this economic affliction,…
According to President Bola Tinubu’s 2025 budget, inflation will fall from 34.6% this year to 15% the following year. He made this statement during his presentation…
Ghana’s central bank decided to maintain its main interest rate at 27.00% on Friday, citing concerns over food price increases that have driven consumer inflation higher…
The National Bureau of Statistics (NBS) has reported that food shortages, insecurity, and rising prices have compelled Nigerian households to reduce their consumption. According to their…