In its latest World Economic Outlook (WEO), the IMF has trimmed its global forecast for 2022 to 3.6% y/y from 4.4% y/y. For 2023, the growth...
Global growth prospects have worsened significantly due to the combined effects of inflation, war in Ukraine and lingering pandemic, the IMF announced on Tuesday (April 19)....
Chinese economy grew by 4.8% in the first quarter of the year, according to the data released by the National Bureau of Statistics on Monday. The...
By Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA With most of Europe, as well as Hong Kong, Australia, and New Zealand on holiday today, the...
The Director General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala is billed to open the 8th Global Review of Aid for Trade scheduled for...
The World Bank says increasing fuel subsidy puts the Nigerian economy at a high risk as subsidy payments could significantly impact public finance and pose debt...
The Board of Directors of the African Development Bank has approved the establishment of a €4 million Africa Circular Economy Facility to drive integration of the circular...
GDP will grow 5.2% by end 2022, but Ukraine war and COVID-19 add to uncertainty Economies in the Middle East and North Africa (MENA) region...
The World Bank says Ukraine’s economy will shrink by 45.1 percent this year because of Russia’s invasion, which has shut down half of the country’s businesses,...
The Block and Concrete Producers Association, Enugu State chapter, has decried the continuous increase in the prices of cement and other materials used for block production. The...