President Bola Tinubu on Thursday, May 29, 2025, reaffirmed the necessity of his administrationโs bold economic reformsโscrapping the petrol subsidy and unifying Nigeriaโs foreign exchange windowsโinsisting they were critical to …
Prices Rise at Fastest Pace Since February 2023British grocery inflation accelerated to 4.1% in the four weeks to May 18, marking its highest level in over a year, according to …
Ngozi Okonjo-Iweala, Director General of the World Trade Organization (WTO), has emphasized the importance of policy consistency in Nigeria, irrespective of changes in administration. Speaking at the Eko Hotel & …
Britain’s inflation rate remained steady in June, holding at 2.0 percent, the same level as in May, according to official data from the Office for National Statistics (ONS) released on …
The International Monetary Fund (IMF) has lowered its forecast for Nigeria’s economic growth in 2024 to 3.1%, as detailed in the July 2024 World Economic Outlook report released on Tuesday. …
Nigeria’s inflation has surged to a new high, reaching 34.19% in June 2024, according to the latest data from the National Bureau of Statistics (NBS). This marks an increase of …
The International Monetary Fund (IMF) has revised its estimate of Nigeria’s economic growth for the year 2023 downward to 2.9 percent. This is against its forecast for 2022 which stood …
Amid shortage of foreign exchange, Nigeriaโs inflation rate rose to 24.08% in July 2023, the highest in years. The July 2023 rate showed an increase of 1.29% points when compared …
Inflation in South Africa edged higher in March with food prices recording the highest year-on-year jump in more than a decade, official figures showed Wednesday. Inflation for food and non-alcoholic …
UK inflation slowed last month but held above 10 percent on soaring food prices, official data showed Wednesday, further fuelling a cost-of-living crisis despite a series of aggressive interest-rate hikes. …
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