HomeWorld News

World News

Nigeria, Ethiopia, Others Record Fastest Rise In Food Inflation – World Bank

Nigeria, Ethiopia, Others Record Fastest Rise In Food Inflation – World Bank Nigeria, Ethiopia, Malawi, Sierra Leone, and Zimbabwe are the sub-Saharan African (SSA) countries that recorded the fastest rise in food inflation in February this year, according to a new report by the World...

Crude Oil Price Hits $91 per Barrel 

Crude Oil Price Hits $91 per Barrel  Brent Crude price has surpassed the $90 per barrel threshold and surged past the $91 per barrel mark as of Sunday. Global crude oil prices reported a second straight weekly gain and hit six-month high levels as markets watched...

Production Quota Unchanged as Crude Oil Prices Near $90 per Barrel – OPEC+

Production Quota Unchanged as Crude Oil Prices Near $90 per Barrel – OPEC+ The Joint Ministerial Monitoring Committee (JMMC) of the Organisation of Petroleum Exporting Countries (OPEC) and its allies led by the Russian Federation has decided to keep oil production quota unchanged until its...

Donald Trump’s Net Worth Drops by $1 Billion a Year

Donald Trump's Net Worth Drops by $1 Billion a Year According to a report by Bloomberg, the net worth of former U.S. President Donald Trump has fallen by an estimated $1 billion, largely due to a 21% drop in the value of his shares in...

Nigeria, Iraq Reduced Oil Exports Plunge OPEC Output

Nigeria, Iraq Reduced Oil Exports Plunge OPEC Output The Organisation of Petroleum Exporting Countries, OPEC, saw a decrease in oil output due to Nigeria and Iraq's reduction in crude oil exports in March. A survey by Reuters on Monday showed that OPEC pumped less crude in...

Saudi Arabia Foreign Direct Investment Hits $3.49 Billion in Q4 2023

Saudi Arabia Foreign Direct Investment Hits $3.49 Billion in Q4 2023 According to the Saudi General Authority of Statistics, Saudi Arabia has seen a significant jump in foreign direct investment (FDI) in the fourth quarter of 2023. FDI net inflows hit $3.49 billion in Q4...