Wall Street stocks fell early Friday as investors braced for additional tariffs by US President Donald Trump next week. At the same time, a crucial indicator…
Browsing: inflation
The naira weakened against the dollar across foreign exchange markets at the start of the week, despite a decline in Nigeria’s inflation rate. According to data…
A slowing inflation rate does not mean prices are dropping but are rising slower, according to economist Cheta Nwanze, adding that inflation is often misunderstood. “Inflation,…
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…
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…