Nigeria’s inflation rate drops to 20.12%
Nigeria’s headline inflation rate has slowed down for the fifth consecutive month, dropping to 20.12 per cent in August 2025 from 21.88…
Inflation
Cardoso hints at lower interest rates as inflation eases
The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has hinted that lending rates may decline in the coming months…
Build economic growth on productivity not inflation, NESG tells FG
The Nigeria Economic Summit Group has called on the Federal Government to anchor its economic growth objectives on productivity and not inflation.…
Nigeria’s inflation falls third consecutive month in June
Nigeria’s headline inflation rate eased for the third straight month in June, falling to 22.22% year-on-year from 22.97% in May, according to…
Nigeria’s inflation hits 24.23% in March, deepens cost-of-living crisis
Nigeria’s inflation rate surged to 24.23% in March 2025, up from 23.18% in February, according to the latest figures released by the…
Nigeria’s inflation rate dips first time in 19 months
Nigeria’s inflation rate has decreased for the first time in 19 months, potentially signaling that the central bank’s successive interest rate hikes…
South Africa’s consumer inflation rises to 5.6%
South Africa’s consumer inflation increased for the second time in a row in February, inching closer to the Central Bank’s upper target.…
Nigeria’s inflation may hit 44%, IMF warns
By Melvin Onwubuke The international Monetary Fund recent post-financing assessment report concerning Nigeria, paints a bleak picture of the country’s economic…
Nigeria inflation nears 30%, highest in 26 Years
By Melvin Onwubuke Inflation in Nigeria continues to rise, reaching an all time high almost 30% in annual terms, attributed to…
Nigeria’s inflation will fall to 21% in 2024 – Cardoso
Despite rising food and commodity prices, the governor of the Central Bank of Nigeria, Olayemi Cardoso, has guaranteed that Nigeria’s inflation rate will…
Nigeria’s Inflation hits 28.92% amid food price hike
Nigeria’s headline inflation jumped by 0.72 per cent to 28.92 per cent in December 2023, up from 28.20 per cent in November…
Ghana’s inflation rate drops to 23.2%
Ghana’s inflation rate fell to 23.2% in December 2023, a considerable decrease from the 26.4% reported in November 2023. According to Bloomberg,…