Global Economy

The United Nations Conference on Trade and Development (UNCTAD) has warned that rising global uncertainty, trade disputes and geopolitical tensions could make it harder for Nigeria and…
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President Bola Tinubu has asked Nigerians to remain faithful to the country. The appeal was made by the President on Friday during his nationwide broadcast on the 27th anniversary of…
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Nigeria and other developing nations are facing an increasing financial crisis as revenue from the production of natural resources decreases and help from wealthier countries wanes.…
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The cost of the United States’ ongoing military campaign against Iran has reached an estimated $25 billion, highlighting the scale of the escalating conflict between the two countries.…
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Fatih Birol, the head of the International Energy Agency (IEA), has said that if the conflict in the Middle East and the closure of the Strait of Hormuz continue, countries will suffer.…
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The International Monetary Fund (IMF) and World Bank spring meetings 2026 will take place in Washington, D.C., United States, from April 13 to April 18. The yearly meeting brings…
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Amid growing tensions in the Middle East and concerns about supply disruptions throughout the region, global crude oil prices shot up to a two-year high of more than $90 per barrel on…
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On Sunday, the Organization of the Petroleum Exporting Countries (OPEC) and its allies, often referred to as OPEC+, voted to increase oil production by 206,000 barrels per day (bpd) in…
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