Nigeria’s central bank raised interest rates to a record high to combat inflation exceeding 30%, following government reforms that caused price pressures.
Nigeria central bank raises interest rates to 24+ pct to curb inflation Read More »
High food inflation makes it difficult for many Muslims to afford food for their families
Nigeria welcomes Ramadan amid financial crisis Read More »
New strike disrupts daily life in Nigeria as government struggles to address economic crisis.
Nigeria strike cripples services amidst soaring inflation Read More »
Nigeria’s Lagos state governor unveils measures like a 3-day work week and transport discounts to combat soaring inflation after protests erupt due to economic crisis.
Lagos eases soaring costs after protests in Nigeria Read More »
Nigerians are facing one of the worst economic crises in West Africa in years triggered by rising inflation rate
Nigeria’s currency has fallen to a record low Read More »
Nigerians in Ibadan protest economic hardship, demanding action from President Tinubu as soaring food prices cause hunger and hardship.
Nigerians protest soaring food prices in south Read More »
Egypt grapples with inflation, debt, and dependence on mega-projects. Sisi seeks IMF lifeline but faces pressure to reform and curb military influence.
Egypt’s currency woes worsen, Sisi urges patience amid inflation Read More »
South African Reserve Bank holds lending rate at 8.25% for the third consecutive meeting, aligning with economist forecasts. Governor Kganyago cites logistic bottlenecks in ports and rail as major growth constraints, emphasizing a cautious economic approach.
South Africa’s central bank maintains ‘hawkish’ stance on ra... Read More »
South Africa’s inflation rate below target ceiling
South Africa’s inflation rate falls below central bank’s target ceiling Read More »
