Inflation
IMF Raises Global Growth Forecast as AI Investment Offsets War and Debt Risks
The International Monetary Fund (IMF) has raised its global economic growth forecast for 2026 to 3.1 per cent, as strong investment in artificial...
IMF Warns Global Economy May Soon Reach the Limits of Its Resilience
In its World Economic Outlook released on Tuesday, October 13, 2026, the IMF said the global economy had proved more resilient than expected...
IMF Raises UK Growth Forecast to 1.3% but Warns of Rising Inflation and Borrowing Costs
The revised projection, announced on Tuesday, October 13, is an improvement on the fund’s previous forecast of 1 per cent in July. Stronger-than-expected...
US Wealth Rises $26 Trillion as Inflation and Housing Costs Strain Households
The wealth of American households has increased by about $26 trillion since the end of former President Joe Biden’s administration, but persistent inflation,...
Oil Prices Above $100 Weigh on US Stocks as Investors Await Bank Earnings
US stock markets traded unevenly on Monday, October 12, as rising oil prices and renewed geopolitical tensions weighed on investor confidence ahead of...
Fitch Raises Nigeria’s Economic Outlook to Positive, Maintains B Credit Rating
Fitch Ratings has revised Nigeria’s credit outlook from stable to positive while maintaining the country’s long-term sovereign credit rating at ‘B’, citing stronger...
Trump Says Russia Will Supply Millions of Tons of Diesel as Fuel Prices Rise
US President Donald Trump has said Russia will supply millions of tonnes of diesel fuel to the United States and global markets following...
World Bank Forecasts Nigeria Economy to Grow 4.4% Annually Through 2028
Nigeria’s economy is expected to grow by an average of 4.4% annually through 2028, while inflation and poverty could decline if the government...
