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By Judith Ukoh It’s been one week since President Tinubu’s declaration on fuel subsidy removal triggered a hike in fuel price. Since that time, some Nigerians...
President Tinubu triggered a hike in the pump price for fuel after declaring “subsidy is gone.” The declaration made filling stations start selling petrol at an...
The Budget Office of the Federation has warned about Nigeria’s limited borrowing space. The country already has a poor debt-to-revenue ratio, which may lead to financial...
She reassured members of Congress that the U.S. financial system remains strong Biden is proposing higher taxes on the wealthy to help shore up Social Security...
Nigeria’s inflation rate has jumped to 21.82% in 2023 amid the Naira scarcity. This represents a 0.47% increase when compared to the 21.34% recorded in the...
A representative of Jigawa beggars says the new naira notes are creating a lot of difficulties in their business. The Jigawa indigene notes the significant drop...
The CBN is set to phase out the use of the old N200, N500, and N1,000 notes from February 1, 2023. The apex bank has resisted...
Argentina saw prices almost double last year as the country’s annual inflation rate hit its highest level in more than 30 years. Eko Hot Blog reports...
A sharp drop in energy prices, in particular petrol, is helping to ease cost-of-living pressures in the US. Eko Hot Blog reports that US inflation was...
The global economy is “perilously close to falling into recession,” according to the latest forecast from the World Bank. Eko Hot Blog reports that it expects...