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Uyo residents decry hardship

Economic Crisis Hits Home in Nigeria’s Oil-Rich City of Uyo

As I stepped into the bustling streets of Uyo, the commercial hub of Akwa Ibom state in Nigeria’s oil-rich …

· 5 min read
Business

Inflation: What do price increases mean for you?

A Price to Pay: Unpacking the Consequences of Rising Inflation

As the numbers ticked in at 3.3%, the latest inflation reading in major economies sent shockwaves through households, …

· 4 min read
Business

Tesla Profit Rises but Remains Below Earlier Highs

Electric Storm Clouds Gathering

Tesla’s latest quarterly earnings report has set off a flurry of reactions in the financial markets, as the electric vehicle (EV) pioneer …

· 5 min read
Business

Hoarding Is Driving Energy Prices Higher Everywhere

Global Panic Sets In as Energy Prices Soar

The lights went out in downtown Lagos on a sweltering evening last week, plunging the city into darkness as a power grid failure left …

· 5 min read