Nigeria president forecasts lower inflation 2025
Nigerian President Bola Tinubu has predicted a sharp decline in inflation to around 15 percent in 2025.
Nigeria president forecasts lower inflation 2025 Read More »
central bank
South Sudan president fires top officials
In a significant shake-up, South Sudan’s President Salva Kiir has fired top officials, including the military chief, police chief, and central bank governor.
South Sudan president fires top officials Read More »
South Africa’s central bank lowers interest rate to 7.75 percent
The South African central bank cautiously reduced its key interest rate by 0.25% to 7.75%, reflecting lower inflation but acknowledging future uncertainties like global trade and policy changes.
South Africa’s central bank lowers interest rate to 7.75 percent Read More »
Egypt’s foreign assets drop after two-year high in may
Egypt’s net foreign assets fell by $3.53 billion in August, reaching $9.72 billion, following a peak in May, as the country engages in renewed talks with the IMF for financial support.
Egypt’s foreign assets drop after two-year high in may Read More »
Nigeria central bank pledges economic stability, inflation control
Nigeria’s central bank chief vows to use all available tools to combat rising inflation, as the country grapples with the impact of recent economic reforms.
Nigeria central bank pledges economic stability, inflation control Read More »
South Africa central bank eyes lower inflation target
South Africa’s central bank governor argues for a lower inflation target, citing studies that show minimal negative impact on economic growth.
South Africa central bank eyes lower inflation target Read More »
Kenya reduces benchmark rate as inflation falls
Kenya’s central bank has lowered its benchmark lending rate to 12.00% from 12.75% to stimulate credit and address a slowdown in economic growth.
Kenya reduces benchmark rate as inflation falls Read More »
Uganda’s foreign reserves dwindle
The central bank is taking measures to address the decline and boost the economy.
Uganda’s foreign reserves dwindle Read More »
Political turmoil cuts Libya’s oil output by over 60 pct
Libya’s crude oil exports have plummeted due to a political crisis that has shut down much of its oil production.
Political turmoil cuts Libya’s oil output by over 60 pct Read More »
Inflation outlook remains stable for West African states
The Central Bank of West African States (BCEAO) held its main lending rate unchanged at 3.5% in its latest monetary policy decision.
Inflation outlook remains stable for West African states Read More »