News
Gold Falls To Two-Month Low As US Rate-Hike Expectations Strengthen
1+ hour, 9+ min ago (431+ words) Gold prices slide to a two-month low as strong US jobs data fuels rate-hike expectations. Gold prices extended losses on Monday, falling to their lowest level in more than two months as investors reacted to growing expectations that the US…...
Nigeria Eyes Debt Refinancing As Oil Rally Boosts Investor Confidence, US Threatens New Tariffs " Arise News
3+ day, 3+ hour ago (801+ words) Nigeria plans debt refinancing amid rising oil prices as proposed US tariffs threaten exports over forced labour concerns. "Nigeria is considering refinancing some of its expensive debt obligations and raising fresh funding to bridge its budget deficit, buoyed by improved…...
CBN Says Nigeria Spent $2. 34 Billion On Food Imports In 2025
1+ week, 1+ day ago (235+ words) despite lower foreign exchange demand. Nigeria spent approximately $2. 34 billion on food imports in 2025, according to the latest data released by the CBN. Figures contained in the apex bank's Quarterly Statistical Bulletin, quoted by Nairametrics on Saturday, showed that food import…...
World Bank, IMF, WTO Meet, Warn US-Iran War Hitting Vulnerable Economies Hardest
1+ week, 1+ day ago (262+ words) Global institutions say US-Iran conflict is disrupting energy supplies, raising costs and threatening livelihoods in poorer countries. They noted that while the global economy continued to show resilience, the effects of the conflict were disproportionately affecting the most vulnerable countries…...
Germany Inflation Slows In Key States Ahead Of National Data
1+ week, 2+ day ago (279+ words) Inflation slowed across key German states in May, signalling potential national easing ahead of upcoming data release. Preliminary figures released on Friday showed inflation slowed across four major German states in May, reinforcing expectations that the country's overall inflation rate…...
David Olujinmi: Quality Of Life Depends On More Than Income
1+ week, 3+ day ago (485+ words) Financial analyst David Olujinmi of SBM Intelligence has said Nigerians increasingly judge quality of life not only by income levels but also by safety, infrastructure, healthcare access, affordability, and government performance within their states. "It's a perception index," he said....
Chika Mbonu: Nigeria's GDP Growth Has Not Improved Household Living Conditions
1+ week, 5+ day ago (576+ words) Business analyst says economic growth figures may look positive on paper, but most Nigerians are still struggling with rising living costs and poverty. Business analyst Chika Mbonu has stated that Nigeria's recent GDP growth figures have not translated into meaningful…...
Paul Alaje: Inflation Is Still Rising Month-To-Month Above 2% To 4% And Remains Far Above Single-Digit Target
1+ week, 5+ day ago (310+ words) Economist, Dr. Paul Alaje discusses the Nigerian economy, GDP figures, and inflation pressures. An economist, Dr. Paul Alaje, has said inflation is still rising month-on-month at 2%4% and remains well above Nigeria's single-digit target, noting that price pressures continue despite signs…...
UK Shop Prices Climb As Retailers Call For Government Action Over Rising Costs
1+ week, 6+ day ago (288+ words) UK shop prices rise in May as retailers call for government action to ease mounting energy and shipping costs. Britain's shop price inflation accelerated in May as retailers faced mounting pressure from supply disruptions and surging energy costs linked to…...
Nigeria Ports Chief Flags Ageing Infrastructure Across West, Central Africa
2+ week, 2+ day ago (332+ words) NPA MD Dantsoho says Apapa, Tin Can and Port Harcourt ports require urgent modernisation to meet global shipping demands. The Managing Director of the Nigerian Ports Authority, Dr. Abubakar Dantsoho, has identified outdated port infrastructure as one of the major…...