Economics
Debt Management Office: FGN Savings Bond Offer for Subscription July, 2022
The Debt Management Office of Nigeria (DMO) has today July 4, 2022, offered for subscription 2 Federal Government of Nigeria...
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Rising Energy Prices Push Inflation to a Record High of 8.6 Percent in the Eurozone
Inflation in the Eurozone reaches an all-time high of 8.6 percent in June 2022, representing a 6 percent spike month-on-month...
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Africa’s Rising Food Prices: Spillovers From the War in Ukraine
Despite Sub-Saharan Africa’s trade with Russia and Ukraine making for less than 2.5 percent of the region’s total external trade,...
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World Bank Says Russia-Ukraine War Impaired Global Commodity Markets
The World Bank has stated that the invasion of Ukraine by Russia has prompted a surge in commodity prices by...
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What caused Celsius Price Skyrockets by 400%.
The struggling cryptocurrency lending and borrowing firm Celsius’ CEL token skyrocketed when a corporate shareholder proposed a rescue plan and...
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The mother of all economic crisis may be on its way
Going by the data from the National Bureau of Statistics Nigeria’s inflation rate for the month of May stands at...
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World Bank say CBN’s policies continues to damage Nigeria’s business environment
The World Bank has stated that the Central Bank of Nigeria’s multiple exchange rates, trade restrictions, and the financing of...
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Defi protocols declined by $124 billion in 6 weeks.
The total value locked (TVL) on ethereum, a metric that attempts to track the value of tokens deposited in a...
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Fuel scarcity hits Lagos in some parts of Lagos, as filling stations hoard product
Fuel scarcity is building up in Lagos as many motorists find it increasingly difficult to buy fuel. We have...
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US Federal Reserve says rate hike is not meant to induce recession
After intensifying interest rate hikes, Federal Reserve Chairman, Jerome Powell indicated on Wednesday that the central bank hopes to prevent...
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