economy

World economy faces 'pivotal moment', central bank body BIS says

The British economy started the year with an unexpectedly strong burst of growth. Output grew by 0.7 per cent across the first three months of 2025.  ...

WASHINGTON: The US economy unexpectedly contracted in the first three months of the year due largely to a surge in imports as businesses and consumers stockpiled ahead of the introduction of President Donald Trump’s sweeping tariffs.The gross domestic product of the world’s largest economy decreased at an annual rate of 0.3 percent in the first

Minister of Marine and Blue Economy, Alhaji Gboyega Oyetola and Stakeholders That “Blue” in the Blue Economy – A PR Perspective By Yushau A. Shuaib When the Nigerian Institute of Public Relations (NIPR) introduced ‘Marine and Blue Economy’ as a new category in its annual National Spokespersons Awards (NSAwards), few anticipated the overwhelming response it

The head of the IMF warned that the global economy will slow due to the U.S.-led world trade “reboot,” but a recession isn’t in the forecast. Stefan Wermuth/Bloomberg via Getty Images

The clinking of glasses and the low murmur of conversation fill the air at Café Riche. Sunlight streams through the windows, casting a warm glow on wooden tables that have hosted generations of writers, artists, and revolutionaries.  This is where Naguib Mahfouz once sat, where political activists gathered and Egypt’s history lingers quietly in the

The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has described Nigeria as a graveyard of abandoned projects and criticized the federal government’s Highway Development Management Initiative as a burden on growth. Rewane made this disclosure in his presentation at this month’s Lagos Business School Breakfast Session titled “Nigeria in 2025: Breakthrough or Fall

China's economy is off to a solid start in 2023 following its emergence from three years of strict pandemic restrictions...