Residents of Ibadan, Oyo State capital, on Monday, hit the street to protest the skyrocketing price of food and the state of the economy. According to…
Browsing: inflation
Nigeria’s annual inflation rate has risen to 29.90 per cent in January from 28.92 per cent in December 2023, according to the National Bureau of Statistics…
Dr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), recently hinted at a reduction in fuel costs, stating that inflationary pressures are expected…
Kenyan demonstrators marched in the capital on Tuesday (6th June) to protest the cost of living crisis and a new Finance Bill that aims to implement…
As it strives to deal with ongoing pressure on its currency and growing inflation, the Egyptian government has urged ministries to reduce non-essential spending until the…
The benchmark interest rate set by the Bank of Ghana (BoG) has increased from 24.5 percent to 27 percent. Ernest Addison, governor of BoG, said the…
Nigeria’s inflation has pushed its consumption expenditure to N57.08tn in the first half of 2022 making it a 14.39 per cent rise from the N49.89tn that…
Many Nigerians are grappling with living costs as the inflation rate rose by 0.92 basis points to 20.52 per cent in August from 19.6 per cent…
According to the National Bureau of Statistics (NBS), bread, cereal, gas, and transportation prices all contributed to Nigeria’s inflation rate reaching a nearly 17-year high in…
The United States GDP contracted 0.9% in the second quarter of 2022, putting the country into a technical recession after two consecutive quarters of negative growth.…