IMF Reports Lebanon’s Economy in Depression Amidst Banking Collapse
The IMF reports that Lebanon's economy is severely depressed, worsened by a previous conflict with Israel. Poverty and unemployment remain...
economics
Nigeria’s Inflation Rate Decreases to 23.2% in February 2025
Nigeria's inflation rate has decreased to 23.2% in February 2025, down from 24.1% in January. This drop follows a significant...
Nigeria’s Inflation Rate Declines to 23.18% in February 2023
Nigeria's inflation rate decreased to 23.18% year-on-year in February 2023 from 24.48% in January, following significant policy changes. The NBS...
Peru’s Economic Growth Slows as GDP Increases by 4.07% in January 2025
Peru's GDP rose by 4.07% year-on-year in January 2025, down from 4.85% the previous month. While sectors like transport and...
Argentina Achieves Primary Fiscal Surplus in February
Argentina achieved a primary fiscal surplus of 1.177 trillion pesos in February, with a public sector surplus of 310.73 billion...
Spanish Remittances to Morocco: A Decade of Significant Growth
Remittances from Spain to Morocco have nearly doubled in the last decade, reaching €1.375 billion in 2023, making Morocco the...
Nigeria’s Inflation Rate Declines to 23.2% Following CPI Rebasing
Nigeria's inflation rate decreased to 23.2% in February, down from 24.5% in January. This marks the second monthly decline following...
Kenya Pursues New IMF Lending Program Amid Financial Challenges
Kenya is engaged in talks with the IMF for a new lending program in light of rising debt-servicing costs and...
MTN Group Faces Profit Declines Amid Nigerian Naira Devaluation and Sudan Conflict
MTN Group's profits declined significantly, primarily due to the Nigerian naira devaluation and conflict in Sudan, resulting in a nearly...
MTN Group Faces Significant Profit Decline Amid Currency Challenges
MTN Group reported a 68.9% decline in annual earnings, attributed to the devaluation of the Nigerian currency and issues in...
