South Africa’s largest grocery retailer, Shoprite Holdings, posted a 7.7% rise in half-year profit, driven by strong festive season demand, even as low internal selling price inflation continued to weigh
The Central Bank of Nigeria (CBN) has reduced its benchmark interest rate by 50 basis points to 26.5%, signalling growing confidence that inflationary pressures are easing and economic stability is
Nigeria’s headline inflation eased to 20.12% in August 2025, down from 21.88% in July, the National Bureau of Statistics (NBS) reported on Monday. This represents a 1.76-percentage-point drop, the first
