CBN to sell N234bn T-bills next week
30 March 2017 | 9:59 am
The Central Bank of Nigeria plans to sell about 234 billion naira of short-dated treasury bills next week to help finance the government's budget deficit and curb rising inflation.
British inflation surged last month to its highest annual rate since 1982, piling pressure on finance minister Rishi Sunak to step up his help for households facing a worsening cost-of-living crisis.
In 2020, Thai youth sparked the largest wave of anti-government protests since the 2014 military coup. But human rights activists say persecutions and systematic harassment have weakened the pro-democracy movement.
Prices in Germany have increased by 7.9% this month, the highest amount since reunification.
Inflation in the eurozone has hit another record high, as the war in Ukraine stokes energy and food prices. Prices had already been increasing because of supply chain problems in the wake of the coronavirus pandemic.
French inflation comes in higher than expected at 5.2 percent at May, with consumer prices also on the rise across the continent, driven by skyrocketing food and fuel costs. We take a closer look at how French consumers are looking for discounts in supermarkets. Also, we see how the fashion industry's sustainability efforts continue to fall short.
The German government is supporting Ukraine, battling inflation, and combatting climate change. A monthly survey has asked voters how they rate the efforts.
The European Central Bank has left the interest rate unchanged but indicated that it will rise in July — the first hike since 2011. It is also halting a program which ultimately amounts to printing electronic money.
ISWAP behind Owo Church Attack – National Security Council, Ghana’s inflation surges to 18-year peak
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Germany's Bundesbank has predicted annual inflation of 7.1% as prices spiral upward. The central bank also cut its economic growth forecast, warning that the situation could get worse depending on the war in Ukraine.
The 8.6% yearly increase is the biggest since 1981. President Biden's efforts to stem the tide are having little effect as the impact of Russia's invasion of Ukraine continues to hit global economies.
Traders across various markets in Nigeria have lamented the fast-growing inflation as food prices have continued to record an exponential growth in price. GuardianTV went to the market to speak with both sellers and buys about how expensive things have become.
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