Browsing Tag
Inflation
17 posts
Experts refute Onanuga’s denial of Nigerian food crisis
Experts challenge presidential spokesman Bayo Onanuga's denial of a food crisis in Nigeria, citing worsening inflation and widespread public hardship.
Tinubu administration remains silent amid public outcry for lower fuel costs
President Tinubu and his administration have not yet responded to public pressure to lower fuel prices as global crude oil rates return to pre-conflict levels.
Apple Implements 20% Price Hikes on Select MacBooks and iPads
Apple is raising prices on select MacBook and iPad models by up to 20% due to the surging costs of memory and storage components caused by the global AI infrastructure boom.
Critics Question Onanuga’s Assessment of Nigeria’s Economic Crisis
Rights advocates and community leaders are challenging statements by presidential aide Bayo Onanuga regarding the current economic state, arguing that infrastructure claims overlook the harsh reality of widespread hunger and inflation.
UK Government Debt Reaches April Peak Not Seen Since 2020
UK public sector borrowing surged to £24.3bn in April, the highest level since 2020, as rising debt interest and benefit spending outweighed tax revenues amid economic uncertainty.
Fuel costs climb to peak levels not seen since start of Iran conflict
Petrol prices have reached 158.52p per litre, the highest level since the Iran conflict began, as rising global oil costs impact UK drivers.
IMF Raises UK Economic Outlook Despite Persistent Global and Local Risks
The IMF has lifted its 2026 UK growth forecast to 1%, citing unexpected economic momentum, though it warns that geopolitical tensions and internal uncertainty remain significant threats.