Inflation & Interest Rates

CBN holds Monetary Policy Rates (MPR) at 27.5% at 301st MPC Meeting.

CBN holds Monetary Policy Rates (MPR) at 27.5% at 301st MPC Meeting.

The Central Bank of Nigeria (CBN) held the Monetary Policy Rate (MPR) at 27.5%, maintaining all benchmark interest rates at… Read More

4 days ago

U.S. Inflation Rises in June Amid Tariff Pressures, Fueling Fed Caution on Rate Cuts

U.S. inflation ticked up in June, driven by early effects of tariff-related price pressures that are likely to keep the… Read More

2 weeks ago

Ghana’s Inflation Falls to Three-Year Low as Cedi Strengthens, Fueling Rate Cut Hopes

Ghana’s inflation rate plunged to its lowest level in over three years, driven by a strengthening cedi that is slashing… Read More

3 weeks ago

US Federal Reserve Keep Interest Rate at 4.25%–4.50% in June

The US Federal Reserve left the federal interest rate unchanged at 4.25%–4.50% for a fourth consecutive meeting in June 2025.… Read More

1 month ago

Finance Minister Edun, CBN Governor Cardoso Meet to Align Fiscal and Monetary Policies Amid Easing Inflation

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, held a strategic meeting today with Central… Read More

1 month ago

Israel-Iran Conflict: Implications for Nigeria

On June 13, 2025, Israel launched precision strikes on Iran’s nuclear and military facilities, triggering Iran’s retaliatory missile attacks. This… Read More

1 month ago

US Inflation Climbs to 2.4% in May 2025

US inflation, tracked by the Consumer Price Index (CPI), ticked up to 2.4% year-over-year in May 2025, rising from April’s… Read More

1 month ago

Eid-el-Kabir 2025: Exorbitant Ram Prices Force Shift to Goats, Cows, Camels

As Muslim faithful globally prepare to mark Eid-el-Kabir, a sharp increase in the prices of the traditional sacrifice animal, ram,… Read More

2 months ago

Ghana’s Economic Recovery: Inflation Drops, Cedi Rises, Exports Thrive, and IMF Fuels Progress

Ghana, one of West Africa's economic powerhouses, is staging a remarkable recovery from its worst economic crisis in a generation.… Read More

2 months ago

AfDB Forecasts Nigeria’s Inflation to Drop to 17.3% by 2026 Amid Economic Reforms

The African Development Bank (AfDB) predicts Nigeria’s inflation rate will average 24.7% in 2025 before falling sharply to 17.3% in… Read More

2 months ago