A global sell-off in government bonds intensified on Tuesday, pushing borrowing costs sharply higher and sending equity markets lower as investors worried that rising energy prices could force central banks
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Global oil prices climbed on Friday as fresh concerns over the security of the Strait of Hormuz revived fears of supply disruptions, while stock markets mostly weakened amid renewed inflation
Nigerian businesses are optimistic that borrowing costs could begin to decline over the next three months, even as bank loan interest rates remain high, according to the latest Business Expectations
Nigeria Democratic Congress (NDC) presidential candidate Peter Obi and his 2027 running mate, Rabiu Musa Kwankwaso, have thrown their weight behind the Catholic Bishops Conference of Nigeria (CBCN) and John
Nigeria’s cooking gas prices remain under pressure despite an improvement in nationwide supply, leaving households waiting longer for the relief many expected. The Nigerian Association of Liquefied Petroleum Gas Marketers
A quiet but striking shift is unfolding in Nigerian households as rising inflation pushes many families back to an old household staple — locally made bar soap popularly known as
Germany has sharply downgraded its economic outlook, cutting its 2026 growth forecast in half as rising energy prices linked to the Middle East conflict continue to hit Europe’s largest economy.
The International Monetary Fund (IMF) has warned that global economic growth forecasts will be downgraded due to the ongoing Middle East conflict, citing widespread “scarring effects” on markets, supply chains,
A fresh spike in cement prices across Nigeria is piling pressure on households and businesses, deepening concerns about housing affordability and the rising cost of living. Checks by DAILY POST
The Central Bank of Nigeria (CBN) has lowered its benchmark interest rate for the first time in more than three years, cutting the Monetary Policy Rate (MPR) from 27.5% to
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