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Economy
1085 posts
Global FDI dips 2% as geopolitical tensions rise, UNCTAD
. Foreign investment in Africa down by 3% . Funding for sustainable development sectors drops over 10% By…
Afreximbank launches African economic outlook report, forecasts 4% growth in 2025
By Stanley Onyeka, Lagos African Export-Import Bank (Afreximbank), yesterday, launched its African Trade Report 2024 and African Trade…
Global growth stabilizing post-COVID, says World Bank
The global economy is expected to stabilize for the first time in three years in 2024—but at a…
Dataphyte estimates minimum wage at N66K, living wage N106K
A minimum wage of N66,000 is the expected real minimum wage by May 2024, Dataphyte’s latest analysis informs. …
Poverty in Nigeria remains multidimensional; FG needs support: NBS
The Statistician-General of the Federation, Adeyemi Adeniran, has called on stakeholders to take action to eradicate poverty in…
Fuel subsidy to hit N5.4trn 2024, says Wale Edun (updated)
. To settle N1.7trn debts to GenCos through bonds, promissory notes . Presidency disowns leaked report Despite declaring…
Obasanjo urges governors to prioritise food security, policies to benefit Nigerians
Former President Olusegun Obasanjo has advised state governors to focus more on food security while calling on them…
Elumelu says ECOWAS working to create thriving startup ecosystem
The Economic Community of West African States (ECOWAS) says it is working towards creating an ecosystem, where startups…
Regulators lack resources to tackle greenwashing, says EU watchdog
Market watchdogs across the European Union have punished few instances of “greenwashing” by financial firms, partly because regulators…
Organised Labour suspends nationwide strike for one week
By Tochukwu Bliss, Abuja The Organised Labour, comprising the Nigeria Labour Congress (NLC), and the Trade Union Congress…