News

Here's a letter from a weary Moneyist reader in the aftermath of the latest inflation data: "I'm confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street ...
The 30-year fixed-rate mortgage averaged 6.66% in the week ending Aug. 14, down four basis points from the previous week.
Nigeria’s headline inflation rate declined for the fourth straight month in July 2025, sliding to 21.88 per cent from 22.22 ...
Nigeria records rare disinflation in 2025, with inflation falling from 24.5% in January to 21.9% in July, a 10.7% drop, ...
Trump and Wall Street want the Fed to lower the target policy interest rate and fuel more monetary inflation. If Trump gets ...
Most companies, it turns out, have been reluctant to raise prices. Americans are tired of inflation and they are more resistant to price increases, forcing firms to adopt an array of strategies. The ...
Food inflation, year-on-year at the sub-national level was highest in Borno (55.56 per cent), Osun (29.10 per cent), Ebonyi (29.06 per cent), while Katsina (6.61 per cent), Adamawa (9.90 per cent), ...
Nigerians have expressed mixed reactions following the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics ...
Sticky inflation be damned. Investors expect the Federal Reserve to cut interest rates by a quarter of a percentage point in ...
Inflation has gone from creeping upward to surging, but investors are betting the effects of tariffs will be transitory.
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate dropped to 21.88 percent in July 2025, down ...
Not even a first-of-the-century cost-of-living adjustment milestone will be enough to prop up retired-worker beneficiaries.