Browsing Tag
Economy
189 posts
World Bank Admits Nigeria Exited Recession Faster Than Expected
The World Bank has admitted Nigeria moved out of last year’s recession faster than expected. The bank, in…
World Bank’s Global Economic Prospects For January 2021
The global economy is expected to grow by 4% in 2021. This projection is based on the initial…
Business Edge | Africa Continental Free Trade Agreement (AfCFTA)
Today on Business Edge, Tolulope Adeleru Balogun discusses the Africa Continental Free Trade Agreement (AfCFTA) with Andrew Mold,…
South Africa Restores Free Visa for Some Countries
South Africa has reinstated free visas for travelers from some selected countries. This was earlier suspending in March…
This Economy; To Diversify or Not To Diversify?
No economy thrives on mono commodity trade, none. This is a dynamic the famous Adam Smith understood so…
Food insecurity rampant in Nigerian cities like Lagos, Kano, Rivers, Abuja –NBS.
In the first quarter of 2020 when the COVID-19 pandemic rampant food insecurity has been recorded in Lagos,…
South Africa to boost economy with $20.5 billion public work projects
South Africa is planning projects worth $20.5 billion in sectors such as transport, energy and water as it…
Nigerian Banks not complying with CBN directive against lay-offs
Nigeria’s Trade Union Congress (TUC) has accused local banks of not adhering to the Central Bank and Bankers’…
Nigeria’s local oil sector faces headwinds
As paltry oil revenues and a global lockdown forces see the country’s petroleum price to a record low…
South African Purchasing Managers Index at record low
A recent survey reveals that South African private sector activity fell to a new record low in April,…