Dollar Rises as Asia Equities Show Mixed Results Amid Speculation Over Trump’s Potential Presidency
July 2, 2024 — The U.S. dollar strengthened on Tuesday, reaching 38-year highs against the Japanese yen, as investors weighed […]
inflation
Naira Depreciates by Over 40% in Early 2024 Amid Currency Market Volatility
ABUJA, NIGERIA (Media Talk Africa) — The Nigerian Naira experienced a significant depreciation of over 40% in the first half
President Tinubu Takes Action to Lower Drug Prices with New Executive Order
ABUJA, NIGERIA (Media Talk Africa) — President Bola Ahmed Tinubu has taken a significant step to reduce the cost of
Nigeria’s Inflation Expected to Ease as Reforms Attract $24 Billion Inflow, Says CBN Governor
The Central Bank of Nigeria (CBN) has projected a moderation in the country’s inflation in the coming months, driven by
MultiChoice Faces Tribunal Order, Reports Subscriber Losses in Nigeria Amid Price Rollbacks
MultiChoice, the parent company of GOtv, is grappling with significant challenges in Nigeria, including a sharp decline in its subscriber
Nigeria Seeks $500 Million World Bank Loan to Boost Rural Roads and Tackle Food Price Hikes
The Nigerian federal government is seeking a $500 million loan from the World Bank to fix rural roads, improve access
Senegal Government Announces Price Cuts on Essential Goods Amid Economic Challenges
Senegal’s newly elected President Bassirou Diomaye Faye’s administration has unveiled a plan to tackle the country’s high cost of living,
Multichoice Blames Nigeria’s Economic Challenges for DStv Subscriber Decline
Multichoice Group, the African Pay-TV operator, has reported a significant decline in DStv subscribers, attributing this downturn to Nigeria’s ongoing
Currency in Circulation Hits N3.97tn in May
The currency’s value in circulation has risen to N3.97tn at the end of May, representing an all-time high and a
Nigeria’s Economy: Surge in Inflation Rate to 33.2% in March 2024
In a recent update on Nigeria’s economic outlook at the International Monetary Fund/World Bank Spring Meetings in Washington D.C., the