Nigeria’s manufacturing sector is warning that lending rates hovering between 30% and 37% continue to crush production capacity despite the
The Central Bank of Nigeria (CBN) has kept the Monetary Policy Rate (MPR) at 27%, maintaining a tight stance to
The UK inflation rate falls for the first time in seven months to 3.6% in the year to October well above
Nigeria’s Headline inflation rate eased to 16.05% in October 2025 from the September 2025 headline inflation rate of 18.02%. The
The Bank of England has held interest rates at 4% in a widely expected move. The decision comes as inflation
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that food prices are beginning to
The cost of cooking a household-size pot of jollof rice in Nigeria, tracked via the SBM Intelligence “Jollof Index” –
Nigeria’s informal economy, home to millions of traders, artisans, and micro-entrepreneurs, is feeling the full weight of inflation and currency
The International Monetary Fund (IMF) has excluded Nigeria from its list of Africa’s fastest-growing economies. The list features countries such
Nigeria’s food inflation cooled sharply in September 2025, dropping to 16.87% year-on-year from 37.77% in the same month last year,
The Central Bank of Nigeria (CBN) rejected over 97% of bids worth ₦4.1 trillion in its latest open market operation
The World Bank has upgraded its 2025 growth forecast for Nigeria and other sub-Saharan African economies, projecting an expansion of
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