Nigeria’s cooking gas price spiral is a policy failure, not a market mystery
Nigeria sits on vast gas reserves but imports cooking gas for its citizens. This is not economics. It is policy failure.
The CBN’s N7.3 Trillion Drain: How Monetary Policy Became a Substitute for Economic Governance
The CBN drained N7.3 trillion in May while injecting only N5.73 trillion. This is not monetary policy. It is a sign that the central bank has abandoned stabilisation and become a substitute for economic governance that the government will not provide.
Kenya inflation hits two-year high as fuel prices surge
Kenya's inflation hits two-year high as fuel prices push up costs across the economy.
African central banks halt rate cuts as oil prices surge
Oil price surge from Middle East tensions forces African central banks to pause planned interest rate cuts.
How jollof rice price tells Nigeria’s inflation story
Rising jollof rice prices reveal the true impact of Nigeria's inflation crisis on ordinary citizens.
South Africa’s inflation hits 20-month peak as fuel costs surge
Petrol prices surge to century high, pushing South Africa's inflation to 20-month peak.
Zambia cuts benchmark rate to two-year low despite Middle East tension
Zambia's central bank cuts its key interest rate to 8.75 percent as inflation moderates.
The Rice Price Map Nigeria Refuses to See
A bag of rice costs N67,500 in the Northeast but N56,000 in the South-South. This 20 percent gap is not natural market variation. It is evidence of a fractured food system and failed policy.
Ethiopia’s inflation surges back to double digits after five months
Ethiopia's inflation rate returned to double digits in December after five months below that level.
Botswana raises rates first in Africa as oil prices spike
Botswana becomes first African central bank to raise rates amid Iran tensions and rising oil prices.
Reopening fuel imports is not reform, it is regression, analyst warns
Analyst Dan Kunle argues World Bank call to reopen fuel imports represents regression, not reform.
Dangote Refinery Dismisses Claims of Selling Petrol Above ₦1,000 Per Litre, Labels Reports as “Fake News”
Dangote Refinery has refuted recent claims suggesting it is selling petrol at rates between ₦1,015 and ₦1,028 per litre, calling...
Reno Omokri Defends Tinubu’s Economic Reforms, Redefines ‘T-Pain’ Amidst Rising Hardship
Social media commentator and outspoken critic, Reno Omokri, has once again voiced his support for the economic reforms of President...
NACCIMA Expresses Concern Over Rising Petrol Prices, Warns of Economic Impact
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has raised concerns over the recent surge in...
Starlink Announces New Subscription Rates Amid Inflation Concerns
Satellite internet provider, Starlink, has raised its subscription fees, citing rising inflation as the reason behind the increase. The new...
Turkey’s Inflation Rate Declines to 52% in August, Continuing Gradual Drop
Turkey’s annual inflation rate eased to 52% in August, down from 61.8% in July, according to official data released...
BREAKING: Inflation Rate Rises to 34.19% in June
The National Bureau of Statistics (NBS) announced on Monday, July 15, that Nigeria’s inflation rate climbed from 33.95% in May...
South Africa Faces Inflation Above Central Bank Target For The First Time In 5 Years
[ODUNEWS] June 22- South African inflation surged above the central bank’s target range for the first time in more than...
UK Inflation Hits 40-Year Record, Highest in G7
[ODUNEWS] June 22- Increasing food prices pushed British consumer price inflation to a 40-year high of 9.1% last month, the...
Nigeria’s Inflation Rate Hits 11-Months High At 17.71% In May
Nigeria’s inflation rate surged to 17.71% in May 2022, recording an increase from 16.82% recorded in the previous month. The...