Consumers are tired of inflation, but some retailers fear falling prices

For many months, the weather all over Nigeria has been relatively hot. Many citizens have complained About the sun during the day, not being able to sleep at night, and wearing skimpy clothes during the day as the sun shone as though it was its last. GuardianTV spoke with Nigerians and professionals about their experiences and how to survive during the heatwave.

The devaluation of the naira against the dollar has plunged Nigerians into a deep socio-economic depression. The price of basic foodstuffs can double or even triple in the same day.

The US Federal Reserve has decided to keep its benchmark interest rate steady at 5.25 to 5.50 percent. Fed Chairman Jerome Powell said while inflation has eased significantly over the past year, it's still too high, and that while wage growth has slowed down, the labour market remains tight.

The devaluation of the naira against the dollar has plunged Nigerians into a deep socio-economic depression. The price of basic foodstuffs can double or even triple in the same day.

The number of foreign direct investment projects in Europe fell 4 percent in 2023 compared to the previous year, the first decline since the pandemic.

China's minister of commerce is in Europe for a week-long trip, with a focus on pushing back against accusations of unfair state subsidies in the Chinese electric vehicle sector.