Tag: economy

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 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...

Vice President Kashim Shettima has expressed optimism about Nigeria’s economic prospects, predicting significant growth in 2025. In a video shared on X by President Bola Tinubu’s Special Assistant on Social Media, Dada Olusegun, Shettima reassured Nigerians of better days ahead, stating that the government is working closely with the National Assembly to tackle the nation’s

The national carrier emerged from business rescue in 2021 and reported its first profit in more than a decade SAA, which emerged from business rescue in 2021, is projected to contribute R9.1 billion to the local economy in the 2023-24 financial year, and this will rise to R32.6 billion by 2029-30, according to a study

Chief statistician Datuk Seri Mohd Uzir Mahidin said the growth signifies a notable improvement from the 3.8 per cent growth recorded during the same period in 2023. — Picture by Choo Choy May New to investing? Versa makes it simple—sign up via the app, invest RM100, and we’ll give you RM10 off as a first-time