Saturday, February 28, 2026
Economy
Just in: CBN raises interest rate to 14%
The Central Bank of Nigeria, on Tuesday, raised the Monetary Policy Rate (MPR) which measures interest rate to 14 per...
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Just in: Inflation rises to 18.60% in June, highest in over 5 years – NBS
Nigeria’s inflation rate jumped to 18.60% in June, the National Bureau of Statistics (NBS) said in a report released on...
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Germany’s energy giant hit by gas crisis seeks government bailout
Germany’s Uniper (UN01.DE), a major energy company is seeking a government bailout due to the financial impact of dwindling supplies of Russian...
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Russian ruble hits 7-Year high, threatening export competitiveness
The Russian ruble surged to a seven-year high on Monday, and sparked a debate in Moscow on whether the central...
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Nigeria’s inflation rate rises to 11-month high
Nigeria's inflation rate jumped to 17.71% in May 2022, the national Bureau of Statistics said in a report released on...
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Nigeria’s public debt rises by over N2 trillion in 3 months
Nigeria's total public debt rose by N2.048 trillion in the first three months of the year, according to a report...
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President Biden declare energy emergency with respect to electricity generation
US President, Joseph R. Biden Jr, has declared a state of emergency with respect to threats to the availability of...
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Russia’s Gazprom halts gas deliveries to Finland
Russia's Gazprom has completely halted the delivery of gas to Finland on Saturday, 21st May 2022. The halt came after...
Read moreInflation rate rises in April 2022 compared to March 2022 – NBS report
The Consumer Price Index (CPI) which measures inflation increased to 16.82 percent on a year-on-year basis in April 2022, according...
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10 EU countries quietly buying Russian gas with rubles
In the wake of Russia's Vladimir Putin demanding for "unfriendly" countries to pay for Russian gas with rubles, multiple and...
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