Nigeria’s business activity hit a 19-month low in October, as revealed by Stanbic IBTC Bank’s latest PMI report. Driven by soaring costs and a...
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Nigeria’s Inflation Falls to Six-Month Low, Giving Policymakers a Chance to Pause Rate Hikes Nigeria’s annual inflation rate dropped to a six-month low in August, signaling a potential pause in the central bank’s aggressive interest rate hikes when they meet next week. Consumer prices rose by 32.2% in August, down from 33.4% in July, according […]
Nigeria’s business activity hit a 19-month low in October, as revealed by Stanbic IBTC Bank’s latest PMI report. Driven by soaring costs and a...
The US economy grew at an annual rate of 2.8% from July to September, driven by strong consumer spending despite high interest rates. The Federal...
The official measure of inflation, at 2.8 per cent, should force a cut in interest rates. But the Reserve Bank is tracking its own inflation measure.
The country’s year-on-year inflation rate rose marginally to 22.1 per cent in October 2024 from 21.5 per cent in September, 2024. This represents...
The country’s year-on-year inflation rate rose marginally to 22.1 per cent in October 2024 from 21.5 per cent in September, 2024. This represents...
The rate in the September quarter dropped to 2.8%, putting it for the first time within the Reserve Bank’s target range of two-point-something since...
The annual inflation rate for October 2024 stood at 3%, a significant decrease from the 6% recorded in the same month of the previous year, the...
According to the Namibia Consumer Price Index released this week by the Namibia Statistics Agency (NSA), Namibia’s inflation rate currently stands...
Inflation has fallen back to target for first time since the height of the pandemic, but despite the good news, an interest rate cut is unlikely to...
Inflation has fallen back to target for first time since the height of the pandemic, but despite the good news, an interest rate cut is unlikely to...