Search

Nigeria Releases August Inflation Data

Nigeria Releases August Inflation Data
  • August inflation rate slows to 32.15%, boosting hopes for monetary easing
  • Food prices dip but looming fuel price hikes may pose new risks

 Lagos, Nigeria – Nigeria’s annual inflation eased to 32.15% in August, slowing for a second consecutive month and increasing the likelihood of a rate cut by the monetary authorities.

Recent Business

Oil rig. Photo @ Pixabay
Senegal markets 2.93m barrels of oil in November as Sangomar output stabilises
Read More »
Independence Arch, Accra, Ghana. Photo by Nana Kwandoh @ Unsplash
Ghana’s economy grows 5.5% in Q3 as services and agriculture offset oil slump
Read More »
Copper mine. Photo by Jandira Sonnendeck @ Unsplash
DR Congo reshapes copper and cobalt exports with US-backed Mercuria deal
Read More »

Recent Politics

African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin coup attempt foiled as ECOWAS warns of regional force deployment
Read More »
William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Ruto strengthens 2027 re-election bid as UDA sweeps key Kenya by-elections
Read More »

Latest Posts

Latest news insights