Tag: Inflation

This surge is a blow to household incomes and the economy at large

While this decline shows a slowdown in price increases, it does not necessarily mean that the cost of living is ...

But the damage is still obvious. MTN reported a pre-tax loss of 4.4 billion rand ($243 million) for the year ...

The decision, which is the first hold in three years, was announced by the Governor of the CBN, Yemi Cardoso, ...

Nigeria’s headline inflation for January 2025 stood at 24.48 per cent against 34.80 per cent recorded in December 2024, according ...

This initiative is aimed at addressing the economic challenges faced by Nigerian consumers, particularly as inflation keeps rising, added to ...

Even more concerning, Nigeria ended 2024 with 164.9 million active telecom subscribers—down from 224.7 million the year before

The nascent growth in the Nigerian private sector seen at the end of 2024 was sustained into the first month ...

President Bola Tinubu has estimated that the 2025 budget will lead to a decline in inflation from the current rate ...

The NBS report revealed that the November inflation rate was 6.4 percentage points higher than the 28.2% recorded in the ...

…could impact borrowers, leading to an uptick in loan defaults and non-performing loans for banks

An internal memo revealed that employees would receive arrears for November alongside their December 2024 pay

This is a sustained rise in inflation for the second consecutive month

This decline, revealed in the company’s interim financial report released on Tuesday, follows Nigeria’s skyrocketing inflation rate, which has surpassed ...

The report surveyed 169 founders across 13 African countries, shedding light on the mental and emotional toll that comes with ...