EU cuts 2026 eurozone growth forecast over trade tensions
The EU has revised its 2026 eurozone growth forecast down to 1.2% due to global trade tensions. Inflation is expected to fall below the ECB's target. Discover the full economic impact.
Category : Search result: inflation Eurozone
EU Lowers Eurozone 2026 Growth Forecast Due to Trade Risks
European Commission revises eurozone growth downward to 1.2% for 2026 as trade tensions persist. Inflation expected to rise to 1.9%. Stay informed on economic developments.
Venezuela Hyperinflation Crisis: IMF Projects 548% in 2025
Venezuela faces return to hyperinflation with IMF projecting 548% inflation for 2025. Citizens struggle as bolivar collapses and US sanctions bite. Read full analysis.
Lagos Cuts Food Prices 25% for Christmas
Lagos State introduces 25% subsidy on rice, beans, garri and other essentials ahead of Christmas. Governor Sanwo-Olu's initiative aims to ease cost of living during festive season.
Nigerian Stock Market Plunges Amid Economic Worries
Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.
Nigeria's University Crisis: Degrees No Longer Pay
Explore the silent crisis gripping Nigerian universities as graduates face unemployment despite quality education. Discover why knowledge no longer pays in today's economy.
Bank of England Maintains 5.25% Interest Rate
The Bank of England maintains interest rates at 5.25% amid inflation concerns. Discover how this decision impacts mortgages, savings, and the UK economic outlook.
CBN's Critical Rate Decision: Hold or Hike Amid Economic Pressures?
Nigeria's Monetary Policy Committee faces tough choices as inflation soars and economic growth slows. Experts analyze potential outcomes ahead of crucial rate decision.
Nigeria Private Sector Growth Hits 6-Month High
Nigeria's private sector shows strongest growth in six months as business output and new orders surge, signaling economic recovery despite persistent inflation challenges.
Fed's Cook: Inflation to Stay Elevated in 2024
Federal Reserve Governor Lisa Cook signals persistent inflation concerns as price pressures prove more resilient than expected, impacting global economic outlook.
15% Import Tariff: New Burden for Nigerians?
President Tinubu's new 15% import tariff sparks nationwide concern as experts warn of devastating impact on cost of living and struggling businesses.
Nigerian Workers Suffocate Under Fuel Price Hikes
NASU sounds alarm over worsening economic crisis as workers struggle to survive amid skyrocketing living costs and relentless fuel price hikes across Nigeria.
Nigeria's Economic Crisis: Experts Sound Alarm
Economic analysts sound alarm bells as Nigeria faces mounting challenges including currency volatility, rising inflation, and policy uncertainties that threaten citizens' livelihoods.
US Fed Official Defends Rate Pause Amid High Inflation
Federal Reserve Governor Philip Jefferson explains the reasoning behind holding interest rates steady while inflation remains above target. Get the inside story on the Fed's cautious approach.
15% Tariff Hike: Why Nigerians Are Furious
The Federal Government's controversial 15% tariff increase faces massive backlash from economists and citizens who argue it will cripple businesses and deepen poverty across Nigeria.
APC's Emami Warns Against 15% Fuel Import Tariff
Prominent APC leader Henry Emami raises urgent concerns about Nigeria's planned 15% fuel import levy, predicting severe economic consequences including higher transportation costs and increased inflation for ordinary Nigerians.
US Economy Goes Dark as Government Shutdown Blocks Data
America's economic pulse becomes impossible to monitor as federal agencies halt data releases during government shutdown, leaving investors and policymakers flying blind.
Nigeria's Economy Improving, Nearing Stability - IWG
Nigeria's economic outlook shows promising signs of improvement as the Inflation Working Group manager confirms the economy is approaching stability with reduced inflation and strengthened Naira.
Eurozone Growth Beats Expectations in Q1 2024
The Eurozone economy has delivered a powerful performance, exceeding all forecasts with stronger-than-expected growth in the first quarter of 2024, driven by Germany's recovery and resilient consumer spending.
Experts Urge CBN: Introduce ₦10,000 & ₦20,000 Notes
Leading Nigerian financial analysts are urging the Central Bank to introduce higher denomination notes to combat inflation and improve cash transaction efficiency across Nigeria's economy.
Bank of Japan Maintains Zero Interest Rates
The Bank of Japan maintains ultra-low interest rates while signaling potential future hikes as yen weakness and inflation concerns persist. Get the latest analysis on Japan's monetary policy direction.
ECB Holds Rates Steady Amid Inflation Concerns
European Central Bank maintains interest rates despite inflation concerns. Analysis of how this decision impacts Nigeria's economy, trade relations, and the global financial landscape.
US Government Shutdown Threatens Economic Data Blackout
The potential US government shutdown threatens to halt crucial economic data releases, leaving investors and policymakers in the dark during economic uncertainty. Federal agencies prepare for closure as Congress struggles to reach funding agreement.
US Fed Signals Rate Cuts: Impact on Nigeria's Economy
The US Federal Reserve is preparing for interest rate reductions in its final 2024 meeting, setting the stage for economic shifts that could impact Nigeria's markets and inflation trends in 2025.
Sanusi: Delayed Subsidy Removal Caused Economic Crisis
Former CBN Governor Lamido Sanusi exposes how postponed fuel subsidy elimination triggered Nigeria's current economic hardship during Kaduna book launch.
Nigerian Cartoonist Skewers Soaring Inflation
A viral cartoon from a Nigerian artist delivers a sharp critique of the country's escalating cost of living, using powerful imagery to depict the struggle of ordinary citizens.
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