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Tag: GLOBAL ECONOMY

NEPC Faults Global Economy For Non-oil Export Decline

NEPC Faults Global Economy For Non-oil Export Decline   Nigeria’s non-oil sector recorded a slight decrease in the value of exports to $2.54bn representing 0.09 per cent dip in the first half of 2023. This was revealed by the Executive Director/Chief Executive Officer of the Nigerian Export...

Amid Uncertainty, Investors Lose N283b in August

Amid Uncertainty, Investors Lose N283b in August Despite improved earnings and dividend announcements from listed companies, uncertainty in the global economy, coupled with prevailing macroeconomic challenges in the country, especially insecurity and low purchasing power, the 2023 election fear has continued to take a toll...

Russia Sanctions Will Have Substantial Impact On Global Economy – IMF

Russia Sanctions Will Have Substantial Impact On Global Economy - IMF   The International Monetary Fund (IMF) has said sanctions on Russia will have a substantial impact on the global economy and financial markets, with significant spillovers to other countries. In IMF Article IV Consultation on...

WTO: ‘We Need To Get Global Economy Going Again’, Okonjo-Iweala Reacts To Appointment

WTO: ‘We Need To Get Global Economy Going Again’, Okonjo-Iweala Reacts To Appointment       The newly-appointed Director-General of the World Trade Organisation, Dr. Ngozi Okonjo-Iweala, has said that the organisation would get the global economy running again during her tenure as the WTO DG. She said this...

$250trn Debt Burden To Weigh On Global Economy In 2020 – W/Bank President

$250trn Debt Burden To Weigh On Global Economy In 2020 - W/Bank President   Concerns about global debt are heightening from the office of World Bank President, David Malpass, as the obligations exceeded a $250 trillion mark in 2019. But critics said it’s an irony, especially...

A Strong Foundation for Greater Impact

A Strong Foundation for Greater Impact Despite expectations that growth will be robust in the near term, developing countries face challenges to keep up the pace of progress and ensure inclusive, sustainable growth amid structural changes to the global economy. The World Bank Group is...