AgriculturalSector

Trump Tariffs Spark Global Trade Tensions in the Food Sector

19 hours ago

In a developing saga of global trade turmoil, recent moves by former President Donald Trump involving tariffs are stirring significant concerns in the agricultural sector. As the U.S. government reinstates certain tariffs on imports, a ripple effect is being felt across multiple countries, leading to retaliatory threats that could reshape international trading relationships.

Nigeria's Inflation Rate Sees an Upsurge After a Period of Decline

6 months ago

Nigeria has witnessed a sudden shift in its inflation landscape, as the inflation rate surged for the first time in three months, signaling a reversal of the downward trend that had provided some relief to consumers and policymakers alike. According to the latest reports released by the National Bureau of Statistics (NBS), the Consumer Price Index (CPI), which measures the average change over time in the prices paid by consumers for goods and services, climbed to 19.6% in September 2024.