Nigeria annual inflation dips to 13.34 pct in March -stats office

By Respect Gwenzi, Apr 13, 2018

Annual inflation in Nigeria stood at 13.34 percent in March, down from 14.33 percent in February, the National Bureau of Statistics said on Thursday. A separate food price index showed inflation at 16.08 percent, down from 17.59 percent. - Reuters

POSB Launches Instant Payday Loan

People’s Own Savings Bank (POSB), Zimbabwe’s government-owned financial institution, has launched the Instant Payday Loan, a fully automated loan facility designed to empower customers with rapid acce

Jun 19, 2025

Tobacco Sets New All Time Historic High

obacco Industry Marketing Board has reached a record 299.1 million kilograms as of day 71 of the 2025 marketing season, generating US$1,004,477,101 billion in revenue, according to the latest daily

Jun 19, 2025

Global Economic Growth Slows to 2.3%: The Weakest Rate Since 2008

The World Bank’s latest Global Economic Prospects report has painted a sobering picture of the global economy, projecting global growth to decelerate to 2.3% in 2025, the slowest pace since the 2008 f

Jun 17, 2025

EcoCash Holdings Rebrands to TN CyberTech Investments

EcoCash Holdings Zimbabwe Limited has officially changed its name to TN CyberTech Investments Holdings Limited, marking a significant milestone in the company's evolution according to Ecocash holding’

Jun 17, 2025

ZiG Weekly Commentary: Analysing Risks of IMF's Mono-Currency Approach

The Zimbabwe Gold (ZiG), has sustained marginal erosion as it struggles to find course. Week on week, the ZiG closed at 26.9768 per USD on the 1th of June 2025, a marginal decline from 26.9401 the pr

Jun 17, 2025

Edgars commits US$1m to revitalize Carousel manufacturing division

Edgars Stores Limited, Zimbabwe’s largest clothing listed on the Victoria Falls Stock Exchange has invested US$1 million in its Carousel Manufacturing division according to the group’s latest financ

Jun 17, 2025

Gold Weekly Review: A Bumpy May Finishes Flat

Gold prices ended May 2025 nearly unchanged, dipping just 0.7% to US$3,278 per ounce. Despite this flat finish, prices bounced around during the month due to mixed economic signals. Gold has had a st

Jun 16, 2025

Zimbabwe's Gold Output Hits 16 Tonnes in 5 Months, Highest on Record

Zimbabwe’s year-to-date gold deliveries have risen to 15.8 tonnes, the highest on record according to the latest data from Fidelity Gold Refinery (FGR). This was despite May deliveries decreasing by

Jun 11, 2025