Posted inEconomy NEWS Bank of Uganda Cuts Interest Rate by 0.25%For the very first time in history, the Bank of Uganda reduced its key rate, cutting it from 10.25 per cent to…
Posted inEconomy NEWS Regulations Nigeria Inflation Reduced for The First In Near A Year To 21%.Nigeria’s hyperinflation reduced for the first time in 11 months in December, raising the chance that the central bank will slow the…
Posted inEconomy NEWS Ghana Increases Benchmark Interest Rate To An All Time Record, As The President Promises To Fight Cedi Fall.Following the skyrocket inflation rate recorded by Ghana, the Bank of Ghana has devised measures to tame the tide by hiking the…
Posted inEconomy NEWS Bank Of Ghana Increases Interest Rate By 22% Over Rising Inflation, Forex Crisis.Ghana Cedi is experiencing the worst performance in 17 years shedding further 2.7% in Monday. Ghana's central bank on Wednesday delivered its…
Posted inEconomy NEWS Nigeria Inflation Reaches 17 Year High, Nears 20% As Crypto Traders Go For Stablecoin USDT, BUSD.The National Bureau of Statistics has said Nigeria’s headline inflation rate increased to 19.64 per cent on a year-on-year basis in July,…
Posted inEconomy NEWS Ghana Inflation Rises Further To 31.7 % All Time Record…, as Cedi Falls 30% Against Dollar.Ghana’s inflation rate rose higher in the month of July 2022 from 29.8% recorded in June to 31.7% in July , the…
Posted inNEWS Ghana Inflation Hits 27% High for The First Time In 18 Years.Inflation in Ghana by May 2022 increased to 27.6% within a year from 23.6% in April 2021, statistics agency data showed on…