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Tag: Inflation

Business News

UK Economy Grows 0.7% in Third Quarter, Boosted by AI Spending

Britain’s economy saw a 0.7% growth in the third quarter, largely driven by investments in artificial intelligence.

Posted on November 12, 2026 Author C4BN Comments Off on UK Economy Grows 0.7% in Third Quarter, Boosted by AI Spending
A pedestrian walks in front of the Bank of England in London.
Business News

Bank of England Raises Interest Rate for First Time in Over Three Years

The Bank of England increased its interest rate to four percent to combat rising inflation driven by energy costs.

Posted on November 5, 2026 Author C4BN Comments Off on Bank of England Raises Interest Rate for First Time in Over Three Years
Pedestrian walking past a bar window in Australia.
Business News

Australia’s Central Bank Raises Interest Rate to Highest Level in 18 Years

The Reserve Bank of Australia increases its key interest rate to 4.85% amid ongoing inflation and global tensions.

Posted on November 3, 2026 Author C4BN Comments Off on Australia’s Central Bank Raises Interest Rate to Highest Level in 18 Years
Voters casting ballots during a midterm election.
News Politics

U.S. Midterm Elections Arrive as Voters Worry About Economy

As midterm elections approach, many U.S. voters express concerns about the economy and inflation.

Posted on November 3, 2026 Author C4BN Comments Off on U.S. Midterm Elections Arrive as Voters Worry About Economy
A barrel of crude oil with fluctuating price graphs in the background.
Business News

Oil Prices Hit $115 Amid Market Concerns Over Earnings and AI Spending

Crude oil prices rose to $115 a barrel as global markets reacted to mixed earnings reports and rising tensions.

Posted on October 23, 2026 Author C4BN Comments Off on Oil Prices Hit $115 Amid Market Concerns Over Earnings and AI Spending
Graph showing the rise in Nigeria's money supply
Business News

Nigeria’s Money Supply Grows by N7.51 Trillion to N146.6 Trillion in September

The Central Bank of Nigeria reports a significant rise in the country’s money supply, indicating increased liquidity.

Posted on October 23, 2026 Author C4BN Comments Off on Nigeria’s Money Supply Grows by N7.51 Trillion to N146.6 Trillion in September
Taiwo Oyedele speaking at Chatham House in London.
Business News

Nigeria’s Finance Minister Discusses Economic Reforms and Household Challenges

Taiwo Oyedele highlights the impact of economic reforms on living conditions in Nigeria.

Posted on October 22, 2026 Author C4BN Comments Off on Nigeria’s Finance Minister Discusses Economic Reforms and Household Challenges
Graph showing Nigeria's inflation rates and food prices.
News

Nigeria’s Inflation Drops While Food Prices Stay High Amid Security Challenges

Inflation in Nigeria decreased to 14.63% in September, but food prices remain a concern.

Posted on October 16, 2026 Author C4BN Comments Off on Nigeria’s Inflation Drops While Food Prices Stay High Amid Security Challenges
Olayemi Cardoso speaking at an economic forum.
Business News

Nigerian Central Bank Governor Defends Economic Reforms as Inflation Drops

Olayemi Cardoso explains how recent reforms helped lower inflation from over 30% to around 15%.

Posted on October 15, 2026 Author C4BN Comments Off on Nigerian Central Bank Governor Defends Economic Reforms as Inflation Drops
IMF Annual Meetings in Bangkok with officials discussing economic outlook.
Business News

IMF Urges Developing Nations to Cut Spending Amid Energy Crisis

The International Monetary Fund warns that low-income countries must reduce spending due to rising debt and energy costs.

Posted on October 13, 2026 Author C4BN Comments Off on IMF Urges Developing Nations to Cut Spending Amid Energy Crisis
A vendor counting money at Lokoja International Market in Nigeria.
Business News

Nigeria’s Economy Grows 4.2% as State Revenues Surge by 93% in 2026

The World Bank reports significant economic growth in Nigeria, driven by increased state revenues.

Posted on October 9, 2026 Author C4BN Comments Off on Nigeria’s Economy Grows 4.2% as State Revenues Surge by 93% in 2026
Graph showing rising oil prices and declining stock market trends.
Business News

Oil Prices Rise Amid US-Iran Tensions, Stocks Decline

Oil prices increased sharply on Thursday due to concerns over potential US military action against Iran.

Posted on October 8, 2026 Author C4BN Comments Off on Oil Prices Rise Amid US-Iran Tensions, Stocks Decline
A factory manager and a parent representing two different economic experiences in Nigeria.
News

Economic Recovery Shows Disparity Between Businesses and Households in Nigeria

While businesses report growth, many families struggle with rising costs and financial worries.

Posted on October 7, 2026 Author C4BN Comments Off on Economic Recovery Shows Disparity Between Businesses and Households in Nigeria
Kristalina Georgieva speaking at a podium
Business News

IMF Chief Warns AI Growth Could Increase Global Economic Inequality

Kristalina Georgieva highlights risks of AI investment leaving some countries behind.

Posted on October 7, 2026 Author C4BN Comments Off on IMF Chief Warns AI Growth Could Increase Global Economic Inequality
Oil tanker in the Strait of Hormuz
Business News

Oil Prices Climb as Stock Markets Decline Amid Tensions in Strait of Hormuz

Concerns over increased attacks in the Strait of Hormuz drive oil prices up while global stock markets fall.

Posted on October 7, 2026 Author C4BN Comments Off on Oil Prices Climb as Stock Markets Decline Amid Tensions in Strait of Hormuz
Protesters holding banners demanding wage increases and lower petrol prices.
News

Nigeria Labour Congress Calls for Wage Increase and Petrol Price Cut Amid Crisis

The Nigeria Labour Congress demands urgent action from the government to address rising costs and wages.

Posted on September 30, 2026 Author C4BN Comments Off on Nigeria Labour Congress Calls for Wage Increase and Petrol Price Cut Amid Crisis

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Recent Posts

  • Tributes Pour In for Late NLC Leader Emmanuel Ugboaja in Umuahia
  • Gang Clashes with Vigilantes in Zamfara Leave Over 50 Dead
  • Fire Breaks Out in Storey Building in Surulere, Lagos
  • WHO Warns of Rising Antimicrobial Resistance Threats at Global Summit in Abuja
  • Bauchi State Suspends Emir of Lame Amid Abuse of Office Allegations

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