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Nigeria's end to petrol subsidies hits Niger black market
Nigeria's end to petrol subsidies hits Niger black market
by  AFP

On the road linking Niger's capital Niamey with the south of the country, illegal fuel warehouses have closed and intrepid black-market touts waving petrol canisters at passing cars have become an endangered species. The current shortage on the black market is causing a rush to the few filling stations, especially in areas close to Nigeria which used to rely heavily on smuggled petrol.

ECB to mark year of hikes with inflation still high
ECB to mark year of hikes with inflation still high
by  AFP

European Central Bank policymakers looked set to deliver another interest rate increase on Thursday as their fight against eurozone inflation reaches the one-year mark with consumer prices still rising fast. Yet consumer prices have continued to rise at a fast clip.

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