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NERC Advocates Greater Collaboration to Strengthen Nigeria’s Electricity Market
NigeriaEconomy

Nigeria’s Electricity Tariffs Face Fresh Scrutiny as Sector Losses Hit 40%

Nigeria’s high electricity tariffs are drawing renewed scrutiny, with Presidential Special Adviser on Power Lanre Babalola arguing that consumers should not be made...

WorldEconomy

Rising Gasoline Prices Expected to Drive US Inflation Higher in September

Economists surveyed ahead of the September Consumer Price Index (CPI) report forecast that consumer prices increased by 0.6% during the month, compared with...

US Electricity Shutoffs Surge 28% as Record Heat Drives Household Energy Costs Higher
EconomyEnvironment & ClimateWorld

US Electricity Shutoffs Surge 28% as Record Heat Drives Household Energy Costs Higher

Electricity shutoffs across parts of the United States surged this summer as record heat collided with rising energy costs, leaving thousands of households...

Germany’s Parliament Approves Fresh Fuel Tax Relief as Prices Surge
EconomyBusinessWorld

Germany’s Parliament Approves Fresh Fuel Tax Relief as Prices Surge

Germany’s lower house of parliament has approved a temporary reduction in fuel taxes aimed at easing pressure on motorists and businesses facing sharply...

Austria Expands Fuel Price Brake as Government Moves to Curb Petrol Costs
BusinessEconomyWorld

Austria Expands Fuel Price Brake as Government Moves to Curb Petrol Costs

Austria will strengthen its petrol price brake from October as the government moves to shield motorists from rising fuel costs linked to higher...

EU Countries Back Carbon Market Changes to Curb Carbon Price Spikes
EconomyBusinessEnvironment & ClimateWorld

EU Countries Back Carbon Market Changes to Curb Carbon Price Spikes

European Union countries have backed changes to the bloc’s carbon market aimed at reducing sharp price increases and providing greater stability for businesses...

Makinde, Alli Trade Words Over Oyo’s Diesel-Powered Streetlights
PoliticsNigeria

Makinde, Alli Trade Words Over Oyo’s Diesel-Powered Streetlights

Oyo State Governor Seyi Makinde and the campaign organisation of All Progressives Congress governorship candidate Sharafadeen Alli have exchanged accusations over the use...

UK Sends Typhoon Jets to Defend Saudi Arabia From Houthi Attacks
WorldEconomy

UK Food Inflation Expected to Exceed 6% by Mid 2027

Food price inflation in Britain is expected to rise to 3.9% by December and reach 6.4% by July 2027, driven by the effects...