Uche Uwaleke, Professor of Finance and Capital Market, has called for early passage of the 2021 Appropriation Bill and aggressive implementation of the Economic Sustainability Plan (ESP), as the country enters recession. Uwaleke, of the Nasarawa State University, disclosed this in an interview with the News Agency of Nigeria (NAN) […]
Tag: Economy
World Bank, IMF Postpone Annual Meetings In Morocco Till 2022
The World Bank Group and IMF Annual Meetings scheduled to have taken place in Marrakesh, Morocco in October is postponed by 12 months until 2022 due to the COVID-19 pandemic. The announcement was made on Thursday in Washington D.C. by the Kingdom of Morocco, the World Bank Group and the […]
Nigeria projects 39.4m job losses by end of 2020
A team charged with developing Nigeria’s economic recovery plan from the coronavirus pandemic says about 39.4 million people could be jobless by the end of 2020 if the government fails to act. The Committee on Economic Sustainability Plan, led by Vice-President Yemi Osinbajo, said restrictions imposed to prevent […]
China sparked an economic miracle — now there’s a fight over its legacy
WhenVictor Gao was growing up in rural China in 1970s, cars and trucks were so rare he would chase them with the other children through the dirt roads, overjoyed by the strange sight. Today,China is the world’s largest automobile manufacturer, with more than double the capacity of the United States. […]