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Browsing: Economy
Afreximbank to offer Supply Chain Finance in Nigeria in partnership with Sterling Bank.
4 Mins Read13 Views
The partnership with Sterling Bank is a unique and innovative arrangement which leverages the complementary strengths of both institutions to…
Mauritania’s BirAllah Gas Field: A Revolutionary Development In West Africa’s Gas Sector
4 Mins Read78 Views
The BirAllah gas field is expected to produce 10 million tons of LNG per year creating new employment opportunities and generating…
Energy Transition in Africa Requires Energy Banks
8 Mins Read61 Views
JOHANNESBURG, South Africa, April 13, 2022/ — Africa s still grappling with the crisis of energy poverty—a problem that is…
Senegal plans $500 million ‘youth bond’ to finance entrepreneurs
2 Mins Read23 Views
In Africa, the Senegal government plans to raise $500 million from the debt market to create jobs for young people…
68% Nigerians do not trust Nigerian Government in handling frontliners in the Nations capital.
2 Mins Read50 Views
Facing its second recession in four years, with -3.4 per cent GDP growth forecast by the IMF, the country has…
Australia set for first recession in three decades
3 Mins Read38 Views
Australia is set for its first recession in 29 years as the country feels the impact of the virus pandemic.…
New York Stock Exchange trading floor to reopen
3 Mins Read20 Views
The New York Stock Exchange (NYSE) is set to reopen its trading floor on Tuesday after a two-month closure due…
Saudi Arabia triples VAT to support coronavirus-hit economy
3 Mins Read25 Views
Saudi Arabia is tripling its value added tax (VAT) as part of austerity measures to support its coronavirus-hit economy. The…
The Economic Trap of Coronavirus in Nigeria – Ahmed Adamu, PhD
6 Mins Read48 Views
The longer the pandemic stays, the more expensive the recovery will be. So, the government would need to spend more…