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Borno State has been identified as the most expensive in Nigeria as of May 2025, with an inflation rate of 38.9%. Niger, Plateau, and Abuja follow, reflecting significant food inflation …
Borno State Tops List as Nigeria’s Most Expensive State in New NBS Report Read More
Nigeria’s consumer inflation fell to 22.97% in May from 23.71% in April, indicating a slight easing in high inflation. The statistics agency reports this decline, which, while modest, is significant …
Nigeria’s Consumer Inflation Drops to 22.97% in May Read More
Colombia’s inflation rate for the past 12 months as of May hit 5.05%, lower than analyst expectations. The consumer price index saw a slight rise of 0.32%. Analysts have adjusted …
Colombia’s Inflation Rate Drops to 5.05% in May, Lower than Expected Read More
Colombia’s inflation rate fell to 5.05% in May 2025, the lowest since October 2021, driven by lower inflation in sectors like transportation and housing. The monthly rise in consumer prices …
Colombia Inflation Rate Hits Lowest Level Since 2021 Read More
Nigeria’s cocoa production has drastically decreased to 6% of global output, trailing competitors. A proposed National Cocoa Management Board (NCMB) aims to revitalize the industry by enhancing farmer support, ensuring …
Can the New Cocoa Board Help Revitalize Nigeria’s Cocoa Industry? Read More
Kenya’s foreign exchange reserves have surged to a historic $10.59 billion, boosted by robust remittances and a stable shilling. This increase, reported by the Central Bank of Kenya, represents a …
Kenya’s Forex Reserves Reach Historic High of $10.59 Billion, Driven by Remittances Read More
Brazil’s drought is driving coffee prices up, causing supply concerns and potential long-term impacts on the market. As rainfall remains scarce, experts warn of difficulties ahead for both producers and …
Lack of Rain in Brazil Boosts Coffee Prices Read More
US Ambassador Pamela Tremont has labeled corruption in Zimbabwe as a detrimental force that is hindering trade and investment. She highlighted a US$2 billion annual loss due to corrupt practices …
US Ambassador Decries Corruption as a Major Issue for Zimbabwe Read More
Brazil’s central bank will introduce the Pix Automático feature for recurring payments on June 16. Initially expected in 2024, this feature will facilitate one-time consent for ongoing payments. Officials believe …
Brazil Set to Launch Recurring Payments Feature for Pix on June 16 Read More
Argentina’s birth rate has plummeted nearly 40% over the past decade, reaching a record low in 2023 with significant implications for the country’s demographics and future. Argentina is witnessing a …
Argentina Faces Historic Decline in Birth Rate Amid Demographic Shifts Read More