Nigeria’s refining revolution has a monopoly problem
Dangote has slashed fuel imports, but market concentration risks keeping the benefits from common Nigerians.
![Pejman and Sanaz [Courtesy of Pejman and Sanaz]](/wp-content/uploads/2026/09/Pejman-and-Sanaz-1-1789901071.jpg?resize=770%2C513&quality=80)
![Women vendors wait for customers at a wholesale spices and dry fruits market, in the old quarters of Delhi, India, January 31, 2024 [Sahiba/ ChawdharyReuters]](/wp-content/uploads/2026/09/2024-01-31T112833Z_177588029_RC2XS5A84N8N_RTRMADP_3_INDIA-BUDGET-1789723433.jpg?resize=770%2C513&quality=80)
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Bank of Japan raises rates to 31-year high of 1.25% as inflation rises
Bank of Japan raises benchmark interest rate from 1 to 1.25 percent, pledging to help counter inflation risks.
![A man walks in front of an electronic quotation board displaying the Nikkei 225 stock prices on the Tokyo Stock Exchange in Tokyo [File: Kazuhiro Nogi/AFP]](/wp-content/uploads/2026/06/AFP__20260615__B7387PA__v1__MidRes__JapanEconomyStocks-1781492156.jpg?resize=770%2C513&quality=80)
From: Counting the Cost
Why is inflation rising again around the world?
Rising energy prices are pushing inflation higher again, forcing major central banks to raise interest rates.
Published On 17 Sep 2026
‘Poor bear the impact’: Sugar prices soar in India, souring festive season
India is one of the world’s largest sugar consumers, but usually produces much more.
EXPLAINER
What to know about US Federal Reserve’s first interest rate hike in 3 years
The unanimous decision comes as prices have remained stubbornly high and despite Trump’s demands for lower rates.
US Fed raises interest rates for first time in three years
The 25 basis-point hike is the first raise in three years and comes before critical midterm elections in the US.
Benchmark US government bond yield hits 19-year peak as oil prices surge
The 10-year US Treasury yield hit 5.02 percent on Tuesday for the first time since the 2007 global financial crisis.
From: NewsFeed
Protests erupt across Syria over sharp fuel price hikes
Protests have erupted in Syria after the government raised fuel prices.
Published On 14 Sep 2026
EXPLAINER
Sweden heads to the polls: What’s at stake in the knife-edge election?
Sweden votes on Sunday as voters weigh migration, crime, the economy and whether the far right will enter government.
Rising petrol costs drive sharp inflation increase in US in August
Petrol prices jumped 3.9 percent month-to-month, accounting for one-third of the overall inflation increase in August.
Oil soars to $109, pushing up chances of US interest rate increase
Prices have spiked as attacks on oil tankers in the Gulf escalate amid the US-Israel war on Iran.
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