The World Bank Group has said several of its clients across emerging markets are already feeling the effects of the ongoing conflict in the Middle East, particularly through rising commodity prices and disruptions to global logistics. In a statement, the global institution noted that governments and businesses have reached out as shipping route disruptions drive
Wednesday 25 March 2026 9:38 am | Updated: Wednesday 25 March 2026 9:39 am Price growth could double yet economists say interest rates will not change. Price growth could jump to as high as five per cent within months, economists have said, leaving the outlook for interest rates more uncertain. Top City economists said they
Meteorological spring arrived on March 1; astronomical spring comes with the equinox on March 20. Whichever date you pick, you’ll hear people saying they feel more like themselves again. Before you dismiss that notion out of hand, you might be interested to discover there is a scientific explanation for why some individuals feel blue in
When President Donald Trump signed the One Big Beautiful Bill Act into law on July 4, 2025, detractors — including liberal economists Paul Krugman and Robert Reich — argued that it would have a range of negative effects, from increasing the United States’ federal deficit to defunding key safety-net programs such as Medicaid and the
The Central Bank of Nigeria has approved the full repatriation of export proceeds by international oil companies, allowing them unrestricted access to 100 per cent of their foreign exchange earnings through authorised dealer banks. This is a significant departure from the phased framework that has governed their forex access since 2024. The directive, contained in
Wednesday 25 March 2026 7:04 am | Updated: Wednesday 25 March 2026 9:19 am President Donald Trump speaks with reporters during the swearing in ceremony for Homeland Security Secretary Markwayne Mullin in the Oval Office of the White House, Tuesday, March 24, 2026, in Washington. (AP Photo/Alex Brandon) Good morning and welcome back to the
President Donald Trump has stalled refunding the billions he owes US businesses and taxpayers from his illegal tariffs — and, according to a top lawyer, Americans need to thank the obscure judge for being a “breath of fresh air” who holds “the administration’s feet to the fire.” Writing for MS NOW on Sunday, lawyer Ray
…targets reduction in dwell time to 7 days In a bid to address the ‘congestion tax’ stifling Nigerian businesses and modernise the nation’s trade ecosystem, the Federal Government has launched the first phase of the National Single Window (NSW), a digital portal for international trade. The launch conducted by Wale Edun, Minister of Finance and
President Donald Trump promised that if he was elected, he would impose high tariffs and thereby help America’s beloved and lucrative automobile industry. Instead, expert economists revealed on Monday that the tariffs have actually done “the opposite of what Trump promised.” Describing a “tariff shock” caused by Trump’s policies, the car magazine WardsAuto reported that
Monday 23 March 2026 6:00 pm | Updated: Monday 23 March 2026 6:01 pm Trump sent markets on a rollercoaster ride. (AP Photo/Mark Schiefelbein) President Donald Trump sent global markets on a rollercoaster ride as traders were left stunned by mixed messages coming from the US administration and the Iranian regime. The Brent Crude oil
