An overall resilient world economy masks significant differences among countries and regions. Energy importers and countries with limited policy space are most vulnerable.
The NBS, on Monday, reported that Nigeria’s headline inflation rate rose slightly to 15.93 per cent in May 2026 from 15.69 per cent in April.
The survey showed that nearly half of the respondents described their living circumstances as bad, while the majority said they or family members went without basic necessities.
I’m concerned, however, that if Farage’s Reform benefits from the impending Labour chaos, Africa’s relations with Britain could be heading for a very long winter.
He said the situation presents significant geopolitical and economic risks to global energy markets.
President Masoud Pezeshkian has appointed Abdolnaser Hemmati as the new central bank governor to douse tensions, but citizens remain defiant.
Mr Tinubu stated that external reserves rose to a seven-year high of about $47 billion as of November 14.
Mr Mark urged Nigerians to use the lessons of the past as a guide to make informed choices in the 2027 general elections.
He said the government must prioritise reforms that reduce economic distortions.
Nigeria’s annual inflation rate dropped to 24.48 per cent in January from 34.80 per cent in December 2024, according to the NBS.
