CBN Keeps Single-Digit Inflation Target in Focus Despite Rate Cut to 23%
Cardoso says the 350-basis-point reduction in the benchmark interest rate is intended to repair monetary policy transmission, not signal a ...
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Tag: #Inflation
Nigeria Could Save $10bn as Inflation and Interest Rates Fall — Oyedele
The finance minister says lower inflation could create room for reduced borrowing costs, easing pressure on government debt servicing and ...
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World Bank Upgrades Africa’s Growth Forecast to 4.3% as Inflation Threatens Recovery
Economic growth is expected to improve across much of Sub-Saharan Africa in 2026, but higher food and energy costs could ...
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IMF says global economy remains on track for 3% growth in 2026
The International Monetary Fund (IMF) says the global economy remains on track to grow by about 3% in 2026, despite ...
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Botswana Keeps Policy Rate Unchanged as Inflation Remains Above Target
Botswana’s central bank kept its monetary policy rate unchanged for a second consecutive meeting on Thursday, saying it needed to ...
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Rwanda Raises Policy Rate to 8.75% as Inflation Hits 14.5%
Rwanda’s central bank has raised its policy rate to 8.75% from 8.25% as it steps up efforts to contain rising ...
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Nigeria’s Energy Inflation Falls to Four-Month Low at 4.37% in July
Nigeria’s energy inflation rate fell sharply to 4.37% in July 2026, its lowest level in four months, according to the ...
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South African Rand Holds Steady as Investors Await Key Inflation Data
The South African rand remained steady in early trading as investors awaited important domestic inflation data that could provide fresh ...
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Nigeria’s Food Inflation Hits 20.31%, Highest in 10 Months
Nigeria’s food inflation rate rose to 20.31% year-on-year in July 2026, reaching its highest level since September 2025 despite a ...
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South African Rand Strengthens Ahead of Inflation Data
The South African rand strengthened against the US dollar in early trading on Monday as investors looked ahead to July ...
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