As Millions of Nigerians Struggle With Rising Food Prices, Rent and School Fees, a Pinnacle Daily Investigation Reveals the Sectors Quietly Profiting From the Crisis At dawn, traders at Abuja's Utako Market begin arranging tomatoes, peppers, and onions that now cost nearly twice what they did a few years ago. Across town, a civil servant …
Canada’s annual inflation rate remained at 2.2% in November, unchanged from October, Statistics Canada reported on Monday. The steady rate was primarily driven by rising food prices, which increased at their fastest pace in more than two years. A year-on-year drop in gasoline and shelter costs partially offset the food price surge. November marked the …
By Esther Ososanya The U.S. Federal Reserve may be forced to delay cutting interest rates until at least October after fresh inflation data revealed that tariff-driven price increases are reigniting consumer costs across multiple sectors, complicating the central bank’s battle to restore price stability. The Personal Consumption Expenditures (PCE) price index, the Fed’s preferred inflation …
