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…
Browsing: inflation
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…
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,…