How insecurity undermines SME growth
In faraway Bangladesh, Mohammed Yunus taught us how we can grant prosperity to our beleaguered nation. Bangladesh, a nation of 161.6 million people who got independence from Pakistan by revolution only in December 1971
Analyst expresses concern over rising inflation, increased public debt
Projects Economy To Record Headwinds In Q4 2020, Q1 2021 Amid an already turbulent period, an expert has raised concern over the rising inflation and a sharp increase in the country’s public debt. Senior Research Analyst at FXTM, Lukman Otunuga, said the depressed oil prices enduring a prolonged lapse in demand had not helped matters,…
Analyst expresses concerns over rising inflation, increased public debt
• Projects economy to record headwinds in Q4 2020, Q1 2021 • U.S. election outcome to influence financial markets, global oil prices Nigeria, Africa’s largest economy began the Fourth Quarter (Q4), facing some of the biggest protests ever witnessed since the military rule ended in 1999. As the protests boiled over, amid an already turbulent…
Nigeria’s rising inflation worrisome, experts say
Two financial experts on Friday expressed concerns over the country’s rising inflation rate and urged the Federal Government to revisit the borders closure.
ECB's Lagarde urges inflation goal 'public can understand'
European Central Bank president Christine Lagarde said Wednesday that the eurozone should have an inflation goal "that the public can easily understand" and is calculated in a way that better reflects people's everyday lives.
South Africa's annual inflation climbs to 3.2%
South Africa's annual consumer inflation rate climbed to 3.2 percent in July from 2.2 percent the previous month, driven mainly by transport, food and housing prices, official statistics showed Wednesday.
Rising inflation: Stabilise forex now – experts tell CBN
Financial experts on Tuesday expressed concerns on the country’s rising inflation rate currently at 12.82 per cent, and called for stabilisation of the exchange rate.
Nigeria suffers highest inflation rate since March 2018
Nigeria’s inflation rate grew to 12.82% (year-on-year) in July, compared to 12.56% recorded in June 2020, the statistics office said on Monday. The National Bureau of Statistics report shows that July Consumer Price Index rose by about 0.26 percent points higher than the 12.56 per cent recorded in June, indicating the highest rate since March…
Construction costs rise on forex imbalance, logistics
Rising inflation, imbalance in foreign exchange rates and high-interest rates will continue to affect construction costs in the country, experts warn.
Nigeria’s inflation rate hits 12.56% – NBS
The National Bureau of Statistics (NBS) says Consumer Price Index, (CPI) which measures inflation increased to 12.56 per cent year-on-year in June 2020.