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We are looking at 26.7% inflation by end of 2023 – Akufo-Addo

President Akufo-Addo has expressed optimism about a decline in the country's inflation rate by the end of 2023. He conveyed that the government is...

Business

Inflation rate in Nigeria at 26.72%

The inflation rate in Nigeria has increased to 26.72 percent, up 0.92 percent from 25.80 percent the previous month. This was announced on Monday by...

Business

September sees inflation fall to 38.1%

In September 2023, the inflation rate declined, decreasing to 38.1% from the August 2023 figure of 40.1%, according to statistics provided by the...

Business

August Producer Price Inflation rate drops to 28.3%

In August 2023, the Producer Price inflation rate saw a notable decrease, falling from the 32.9% recorded in July to 28.3%, marking a 4.6%...

Business

FGN Savings Bond prices decreases by 14.4% due to inflation

There are signs of waning investor interest in the FGN Savings Bond, with the subscription value decreasing by 14.4% to N8.8 billion Year-on-Year (YoY)...

Business

IC Research predicts downward trend in Ghana’s inflation

Inflation is expected to decline in the upcoming months unless unexpected events disrupt the situation. IC Research attributes this anticipated decrease to a steady...

News

GSS records fall in inflation for August, rate currently at 40.1%

In August 2023, the year-on-year inflation rate saw a decrease to 40.1 percent, down from the 43.1 percent recorded in July 2033, according to...

Independent Africa

Nigeria’s govt to distribute food among poor citizens

The Nigerian government has granted approval for the allocation of 5 billion naira ($6.5 million; £5.1 million) to each of the country's 36 states...

Business

Economist predicts inflation to worsen before it gets better

Ghana's inflation is anticipated to deteriorate before showing signs of improvement, according to Professor Williams Peprah, a finance lecturer at Andrews University in Michigan,...

News

Ghana named among top 10 countries with highest food inflation globally

Ghana has been listed among the top 10 countries globally experiencing the highest food inflation rates. As indicated in the Food Security Report published by...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Kanye West’s Heil Hitler song bans him from entering Australia