The central bank of Nigeria raises rates to 17.5% despite a decline in inflation
Nigeria's central bank increased its benchmark lending rate by 100 basis points (bps) to 17.5% on Tuesday in order to ...
Read moreNigeria's central bank increased its benchmark lending rate by 100 basis points (bps) to 17.5% on Tuesday in order to ...
Read moreAccording to analysts' predictions, South Africa's headline consumer inflation decreased to 7.2% year over year in December from 7.4% in ...
Read moreOn Thursday, oil prices increased by around $1 per barrel, helped by data showing that U.S. consumer prices unexpectedly declined ...
Read moreIn a speech on Thursday, Federal Reserve Chairman Jerome Powell underlined the significance of bringing inflation down quickly before the ...
Read moreAccording to a new analysis by Fitch Solutions, most Nigerians can no longer afford substantial expenditures on discretionary or non-essential ...
Read moreOn Friday, oil prices increased around 4% as US gasoline prices hit a new high, China appeared to be easing ...
Read moreIn April, Ghana's inflation rate increased to 23.6 percent from 19.4 percent in March. The new high is the highest ...
Read moreIn speeches on Tuesday focused on inflation, President Joe Biden will highlight a comparison between his economic ideas and those ...
Read moreAccording to the World Bank, inflation caused by the COVID-19 epidemic put roughly 23 million Nigerians into a food crisis ...
Read moreAccording to the International Monetary Fund, the conflict in Ukraine would continue to put downward pressure on commodity prices, hurting ...
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