inflation

Britain's annual inflation rate experienced its first increase this year, climbing to 2.2% in July, according to official data released...

The International Monetary Fund (IMF) has released a report identifying ten African countries grappling with substantial debt burdens. These nations,...

In June 2024, Nigeria experienced a rise in its headline inflation rate, reaching 34.19%, a slight increase from 33.95% recorded...

The prices of major staple food items such as tomatoes, beans, garri, and potatoes rose by over 30% in May,...

The World Bank has raised concerns over the effectiveness of the Central Bank of Nigeria’s (CBN) monetary policy tightening in...

Nigeria’s foreign exchange reserves have been caught in a downward spiral, raising alarm bells among economists and policymakers. The Central...

Nigeria's external reserves, crucial for maintaining currency stability, have experienced a significant decline of 7.21% over the past year. As...

In April 2024, African markets experienced distinct economic trends, marked by varying inflation rates across different countries. While Nigeria and...

Despite concerted efforts by the Central Bank of Nigeria (CBN) to rein in inflation through significant policy adjustments, Nigeria's inflation...

The National Bureau of Statistics (NBS) has reported a significant rise in Nigeria's inflation rate, reaching 33.2% for the month...