Tag: Inflation
Nigeria’s Economy Faces Fresh Threat from Iran-US Crisis
Rising tensions involving Iran and the United States are beginning to create fresh concerns for Nigeria's economy, with economists and industry experts warning that...
CBN Keeps Interest Rate at 26.5%. What It Means for Nigerians
For many Nigerians, the Central Bank of Nigeria's latest interest rate decision will be felt far beyond bank boardrooms. It could determine whether a...
How Rising Inflation Is Affecting Families Around the World
For millions of families around the world, the cost of living has become more than just an economic headline. It is a daily reality...
Global Markets Watch Geopolitical Tensions as Oil Prices Stay in Focus
Global financial markets remained focused on geopolitical developments on Wednesday as investors assessed the potential impact of international tensions on oil prices, inflation and...
Japan Raises Interest Rate to 31-Year High Amid Inflation Pressures
Japan’s central bank has raised its benchmark interest rate to 1 percent, the highest level in 31 years, as rising global energy costs continue...
Adebayo says Tinubu’s economic gains exist only on paper
LAGOS, Nigeria — Prince Adewole Adebayo, the presidential candidate of the Social Democratic Party (SDP) in next year’s general election, has dismissed claims of...
Nigerians Struggle as Ram Prices Hit N800,000, Cows N3.2 Million Ahead...
LAGOS, Nigeria (FN) — As Muslims across Nigeria prepare to mark Eid-el-Kabir, many residents are struggling with soaring prices of sacrificial animals, with rams...
Trump Dismisses Energy Secretary’s Gas Price Warning, Says Forecast “Totally Wrong”.
WASHINGTON (AP) President Donald Trump on Sunday rejected his own energy secretary’s warning that U.S. gasoline prices may remain above 3 dollars a gallon...
IMF Warns Iran Conflict Could Push Global Economy Toward Recession
WASHINGTON (FN), The International Monetary Fund cautioned Tuesday that the global economy could slide into recession if the war in Iran drags on, citing...
