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Tag "Inflation"

South Africa’s inflation rate hits 13-year high at 7.8%

    South Africa’s inflation rate hits 13-year high at 7.8%

South Africa’s Bureau of Statistics says the country’s inflation rate increased to 7.8 percent in July 2022, up from 7.4 percent in the previous month. The rate is the highest

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eNaira USSD code, Nigeria’s energy transition plan… 7 top business stories track this week

    eNaira USSD code, Nigeria’s energy transition plan… 7 top business stories track this week

Here are the seven top business news you need to track this week — August 22 to August 26 NIGERIA’S CAPITAL IMPORTATION DATA FOR Q2 The National Bureau of Statistics

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Inflation: There’s urgent need to review salaries of civil servants, says Buhari

    Inflation: There’s urgent need to review salaries of civil servants, says Buhari

President Muhammadu Buhari says there is a need for an urgent salary review in the federal civil service owing to high inflation rate across the world. NAN quoted the president

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Food price hike: Nigeria vulnerable because we are import-dependent, says Utomi

    Food price hike: Nigeria vulnerable because we are import-dependent, says Utomi

Pat Utomi, a professor of political economy, says Nigeria is currently in a “vulnerable” position because the country depends on importation. Utomi spoke on Thursday in an interview with Channels

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NACCIMA asks FG to implement policies to improve domestic production

  NACCIMA asks FG to implement policies to improve domestic production

The Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA) has urged the federal government to address the

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Inflation: LCCI urges CBN to address FX scarcity, fuel cost

  Inflation: LCCI urges CBN to address FX scarcity, fuel cost

The Lagos Chamber of Commerce and Industry (LCCI) says the Central Bank of Nigeria’s (CBN) monetary policy rate hike alone

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Emefiele: Nigeria’s economy performed better than its peers due to our bespoke policies

  Emefiele: Nigeria’s economy performed better than its peers due to our bespoke policies

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says Nigeria’s economy has performed far better than many of

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Cost of living: Ghana introduces 15% base pay allowance for public workers

  Cost of living: Ghana introduces 15% base pay allowance for public workers

The government of Ghana has introduced a 15 percent base pay as cost of living allowance (COLA) for public workers

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Nigeria’s inflation rate hits 5-year high at 18.60%

  Nigeria’s inflation rate hits 5-year high at 18.60%

The consumer price index (CPI), which measures the rate of change in prices of goods and services, surged to 18.60

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INSIGHT: Frustration, civil unrest on the rise across the world as food, fuel prices keep soaring

  INSIGHT: Frustration, civil unrest on the rise across the world as food, fuel prices keep soaring

The Russia-Ukraine crisis is producing alarming cascading effects on the world economy already battered by COVID-19 — resulting in rising

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