inflation

72 Articles
World

Dangote Refinery Blames Global Crude Market for High Petrol Prices in Nigeria

Management of the Dangote Refinery has attributed the persistent high cost of petrol in Nigeria to global market forces, despite the country’s growing...

Economy

Dangote Refinery Raises Petrol Price Amid Global Oil Tensions

Dangote Petroleum Refinery has announced a fresh increase in the price of Premium Motor Spirit, citing rising global geopolitical tensions and escalating crude...

Economy

High Loan Rates Worry Nigerians Despite Economic Optimism CBN Survey Reveals

A new survey by the Central Bank of Nigeria has revealed that a significant number of Nigerians perceive borrowing costs as too high,...

World

Rising Oil Prices Amid Middle East Conflict Boost US Dollar

The ongoing conflict in the Middle East has triggered a sharp rise in global oil prices and strengthened the US dollar as investors...

World

Nigeria Monitors Middle East Tensions Amid Possible Economic Policy Adjustments

The Federal Government has said it is closely monitoring global developments following escalating tensions involving Iran, the United States and Israel, noting that...

World

Fuel Prices Set to Rise in Pakistan from 1 March Amid Global Oil Surge

Pakistani authorities have announced that fuel prices are expected to increase from 1 March, reflecting the impact of rising global oil prices and...

World

Naira Rebound Offers Hope but Real Living Standards Remain Elusive for Nigerians

Despite the recent rebound of the naira and economic reforms under President Bola Tinubu’s administration, millions of Nigerians may not feel meaningful improvements...

Economy

Naira Gains Slightly Against Dollar as Market Shows ility

The Nigerian Naira opened the week with a modest gain against the US Dollar on Monday, February 23, 2026, reflecting ongoing stability in...

World

Global Markets Cautious as Investors Assess Inflation Data and Central Bank Signals

Global financial markets traded cautiously as investors weighed the latest inflation readings against signals from major central banks on future monetary policy direction....

World

Comparison Shows Rising Staple Food Prices in Russia Amid Wartime Conditions

A comprehensive comparison of consumer price data across major Russian cities has revealed a steady increase in the cost of staple foods, underscoring...