Tag: #GlobalMarkets
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MIDDLE EAST CRISIS: EXPERT URGES FG TO ACT FAST TO PROTECT ECONOMY
Rising global tensions could hit Nigeria’s economy hard—an expert says the government must move quickly before the impact deepens. An economic expert, Joe Nwakwue, has warned that Nigeria must act swiftly and strategically to shield its economy from the ripple effects of the ongoing Middle-East crisis. Speaking in Lagos, Nwakwue said the conflict is already…
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TRUMP TO RELEASE U.S. OIL RESERVES AS GLOBAL PRICES SURGE
U.S. President Donald Trump says the United States will release crude from its strategic petroleum reserve to help cool rapidly rising global oil prices. Speaking to Local 12 on Wednesday, Trump said the move aims to stabilise the market, adding that the reserves would be replenished later. “We’ll do that, and then we’ll fill it…
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FG WATCHING MIDDLE EAST TENSIONS, MOVES TO SHIELD NIGERIA’S ECONOMY
Nigeria’s Federal Government says it is closely monitoring the escalating geopolitical tensions in the Middle East involving the United States, Israel and Iran, while working to safeguard the country’s economic stability. The update followed a meeting of the Economic Management Team (EMT) chaired by the Minister of Finance and Coordinating Minister of the Economy, Wale…
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FINLAND’S PRODUCER PRICES JUMP AT FASTEST PACE IN NEARLY 3 YEARS
January rebound signals renewed cost pressures driven by energy and metals. Finland’s producer prices surged 1.9% year-on-year in January — the fastest increase since March 2023 — reversing December’s 0.8% decline, new data from Statistics Finland show. The spike was largely fueled by higher electricity costs and rising prices for precious and non-ferrous metals. However,…
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GLOBAL MARKETS TO YOUR PLATE: MEDIA TRAINING UNCOVERS THE ECONOMY BEHIND YOUR DINNER BILL
Ever wondered how the ups and downs of financial markets ripple all the way to the price of your dinner? A two-city media training in Nigeria has been digging into just that, helping journalists connect the dots between global trade, commodity prices, debt, and everyday costs.The training, held in Abuja (September 8–9, and to hold…
