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Economy
1085 posts
Farmers’ anger spreads in Europe, governments promise help
Farmers threw eggs and stones at the European Parliament in Brussels on Thursday, started fires near the building…
Labour demands N400,000 as new minimum wage
By Tochukwu Bliss, Abuja The labour movement has proposed a minimum wage of $300 (N436,500) for Nigerian workers…
CBN directs banks to limit exposure to foreign currency
By Stanley Onyeka, Lagos The Central Bank of Nigeria (CBN), yesterday, issued a new set of directives that…
Fed’s faith in ‘immaculate disinflation’ narrative put to the test
The Federal Reserve will conclude a two-day policy meeting on Wednesday, with officials parsing evidence of slowing inflation…
Foreign direct investment in developing economies fell 9% in 2023
A new UNCTAD report, Global Investment Trends Monitor, shows Foreign direct investment (FDI) flows to developing countries fell…
IMF downgrades Nigeria’s 2024 economic growth projection to 3%
By Clara Nwachukwu The International Monetary Fund (IMF) has cut its forecast for Nigeria’s economic growth for 2024…
CBN warns dealers against FX market manipulation
. Concludes payment of $64.44m verified claims by airlines By Stanley Onyeka, Lagos The Central Bank of Nigeria…
FG to discuss new minimum wage with NLC, TUC in March
Information Minister, Mohammed Idris, says President Bola Tinubu’s government will begin discussion of the new minimum wage with…
World Bank approves $300m to strengthen Ghana’s economy
The World Bank Group said it has approved $300 million in funding to strengthen Ghana’s economy. The decision…
EU Commission lays out stricter rules for foreign trade, investment
More checks, controls, and screenings on foreign trade and investment with the European Union are on the cards…