Oil closes below $50 a barrel for first time in a year
18 December 2018 | 1:41 pm
Crude settled below $50 a barrel in New York for the first time in more than a year. A jump in inventories, falling equities and the anticipation of another Fed rate hike this week all putting downward pressure on prices.
19 Sep 2020
Ghana and Cote d'Ivoire plan to raise the price farmers get paid for cocoa by about 21 per cent. Both countries account for over 60 per cent of the global production of the cocoa bean. Chike Nwagwu, CEO of Novus Agro, joins CNBC Africa’s Esther Awoniyi for more.
President Muhammadu Buhari unveils 60th Independence logo, Gold prices surge higher, traders focus on U.S. Federal Reserve and more
16 Sep 2020
Here are a few reasons to pick up a copy of The Guardian on Thursday. Find these stories and much more when you grab a copy of The Guardian on Thursday.
22 Sep 2020
The food index rose to 15.18% compared to 15.04% recorded in May 2020 while core inflation, which excludes the prices of volatile agricultural produce that stood at 10.13% in June 2020 compared to 10.12% recorded in May 2020. If prices continue to sow, it will continue to have a devastating effect on the poor households by making it difficult to afford food.
20 Oct 2020
Nigeria is officially in recession for the first time in more than a decade, bringing an end to three years of low but positive growth. The African country's economy relies heavily on oil exports, but the coronavirus pandemic has slashed global demand and the price of oil has plunged. That's bad news for a country whose budget plans relied on getting a certain price per barrel, a price that now means Nigeria is selling crude at a loss. Our correspondent Moïse Gomes reports from Lagos.
18 Nov 2020
Here are a few reasons to pick up a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on Wednesday.
4 Dec 2020
Nigerians express fears of a bleak Christmas as food prices rise
9 Jun 2021
Nigerian bakers say prices of their products will soon be increased by 30 per cent following the rise in the prices of flour.
7 Jul 2021
The price of oil has hit its highest level in three years after the oil cartel OPEC and its allies called off planned talks on Monday over changes to global supplies. Russia and Saudi Arabia had been pushing to increase production after last year's supply cuts, but the United Arab Emirates disagreed. News that the virtual meeting had been abandoned sent oil prices higher in early trading on Tuesday. Also today, we look at how a shortage of rental cars is impacting holidaymakers in France.
26 Jul 2021
Food prices in Nigeria are rising at the fastest pace in 15 years as the COVID-19 pandemic wreaks havoc in Africa's biggest economy.
3 Aug 2021
Vaccines from both drugmakers have been approved in the EU for children from 12 to 17 years of age. Elsewhere, Australia continues its battle against the delta variant. Follow DW for the latest.
11 Aug 2021
People who fled their homes and farms due to an ongoing Islamist insurgency in northeast Nigeria are struggling to access food due to soaring inflation.
56 mins ago
An agreement among German government ministers looks to put an end to Germany's military presence in Mali. It follows similar decisions by allies, after a years-long operation that has made questionable progress.
56 mins ago
Ukrainian President Volodymyr Zelenskyy addressed troops in the newly liberated Ukrainian city of Kherson Monday and said Ukraine is "ready for peace. Peace for all our country."
56 mins ago
The mood in Germany in the run-up to a football World Cup has never been as subdued. In many pubs, the previously unimaginable is happening: There won't be any soccer matches shown during the World Cup.
1 hour ago
The UN Human Rights Council was considering an international investigation into the human rights situation in Iran. Tehran said the West "lack the moral credibility" to criticize it.
1 hour ago
Prosecutors in the German city of Dresden have said they are investigating climate activists accused of damaging property at an art gallery.