Lesotho’s economy is trying to recover after years of challenges, but the progress made this year could be at risk if global and regional economic conditions worsen. This was the …
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Inflation rate
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The South African rand saw a slight recovery in early morning trade on Wednesday, ahead of important economic data releases and a key interest rate decision from the United States …
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AFRICA NEWSBusinessBusiness InsightsBusiness PoliciesEconomyFinance & ServicesGOVERNMENTNigeria
Nigeria Not in Hyperinflation – Financial Reporting Council Insists
The Financial Reporting Council of Nigeria (FRC) has said that Nigeria’s economy cannot be classified as hyperinflationary, despite rising inflation and concerns raised by the International Monetary Fund (IMF) and …
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BusinessEconomyFinance & Services
Nigeria’s Inflation Rate Declines to 23.18% in February Amidst Falling Food Prices and Logistics Costs
Nigeria’s annual inflation rate experienced a notable decline in February 2025, easing to 23.18% from 24.48% in January, according to the National Bureau of Statistics (NBS). This marks the second …