Home Topics Economic crisis
The International Monetary Fund (IMF), says economic activity in sub-Saharan Africa is projected to recover by 3.1 per cent in 2021 after declining by 3.0 per cent in 2020.
World Trade Organization members removed three candidates from the race to be the next Director-General of the body.
The Securities and Exchange Commission (SEC) has held a webinar to educate investors in the Nigerian capital market in understanding the rudiments of investing in difficult times.
Zimbabwe's government has accused the head of a Catholic bishops congress of stoking division and seeking to create a "genocide" after the group spoke out against alleged rights abuses and economic woes this week.
A senior leader of the outlawed Muslim Brotherhood died Thursday in an Egyptian prison where he was serving multiple sentences including on terror-related charges, his lawyer said.
A Beirut judge has ordered the detention of the director of Beirut judge customs and a port director, after the massive blast which ripped through the capital city’s port.
Lebanon mourned on Thursday the victims of the most powerful blast to hit a country that has already been struck down by an economic crisis, as rescuers searched for those missing since the explosion flattened Beirut port and devastated the city.
Democratic presidential candidate Joe Biden has promised to soon reveal his running mate.
Australia says its budget deficit will be 85.8 billion Australian dollars (AD) ($61.2 billion) in 2019-20 and AD 184.5 billion in 2020-21. This marks the biggest deficit since World War II, due to the economic fallout from the coronavirus pandemic.
One person was killed and several others injured during largely peaceful demonstrations in Sudan on Tuesday, a government spokesman said, as tens of thousands of people took to the streets demanding faster reform and greater civilian rule in the country’s transition towards democracy.
The Leadership Entrepreneurship and Advocacy (LEAD) Network, an NGO, has urged government at all levels to prioritise mental health care because of the adverse COVID-19 psychological effect on the citizenry.
Hundreds of demonstrators angered by a deepening economic crisis rallied Saturday across Lebanon for a third consecutive day, after violent overnight riots sparked condemnation from the political elite.
A Filipina domestic worker has committed suicide in Lebanon at a shelter run by her embassy, consular officials said Sunday, days after a rights group complained about accommodation at the shelter.
Vice President Yemi Osinbajo, says the Federal Government has setup palliatives to assist Micro Small and Medium Enterprises(MSMEs) survive the economic fallout of the COVID-19 pandemic.
Facebook chief Mark Zuckerberg on Thursday warned of the potential for civil unrest as votes are tallied in a US election that will be “a test” for the social network.
Mrs Mojisola Alli-Macaulay, lawmaker representing Amuwo Odofin Constituency 1 in Lagos State House of Assembly, has urged parents to give their children proper training that would help be better citizens.
Apple shares were sent reeling Thursday on word of a steep drop in sales of iPhones, which are at the heart of the tech titan’s money-making engine.
Abia State Governor Okezie Ikpeazu on Thursday gave automatic employment to two out of five 2019 Batch ‘B’ and ‘C’ corps members, who distinguished themselves during the National Youth Service Corps (NYSC) programme.
Chief Whip of the Senate, Dr Orji Kalu has described the demise of Igbo legendary and philosophical singer, Chief Chukwuemeka Maduka, popularly known as “Morocco” as a big loss to the country.
Kwara State Police command has said that it has arrested some of the hoodlums that took part in the looting of public and private property, adding that efforts are on to arrest those on the run.
The Sokoto State governor, while defending his administration’s delay in the distribution of the relief items to residents of the state, had blamed the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar-Farouq, saying the minister’s directive that the state delayed the distribution so as to pool all the donations together, was the reason for the action.
Police authorities in Ondo state have said that two police sergeants and one civilian were murdered during the #EndSARS protests hijacked by hoodlums across the state last week.
Hoodlums in Benin City, on Saturday, stormed the government warehouse along Medical Store Road in the Uselu, axis of the Edo State capital and looted the COVID-19 palliative items stored in the warehouse.
Over seventy public and private property in Calabar, the Cross River State capital, have been looted, vandalized, destroyed and burnt by thousands of people suspected to be hoodlums.