On Tuesday, November 14, 2023, the Ibovespa, São Paulo Stock Exchange’s main index, closed with a significant gain. It rose by 2.29%, reaching 123,165.76 points. This level is the highest since May 2021, when the stock market peaked at 130,125.78 points. The U.S. inflation data influenced this surge in the stock market. The inflation was […]
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Economic Headwinds: Tinubu’s Struggle to Steer Nigeria
Nigeria grappled with escalating economic challenges during President Bola Tinubu’s initial year, facing soaring living costs and a tumble in its economic ranking. On his first anniversary, the nation dipped to fourth among Africa’s largest economies, a stark reality check from the International Monetary Fund. Upon taking office, President Tinubu pledged substantial economic growth, new […]