IMF warns global financial system faces repercussions from Ukraine war
Charles AbuedeApril 19, 2022
BY CHARLES ABUEDE Global financial conditions have tightened and downside risks to economic outlook have increased as a result of the
AfDB invests €9.8m equity to support African entrepreneurs’ seed-to-growth
Onome AmugeApril 19, 2022
BY ONOME AMUGE A fresh equity investment worth €9.8 million has been approved by the board of the African Development Bank (AfDB) to
Blockchain technology creeping into Nigeria’s agriculture sector
Onome AmugeApril 19, 2022
BY ONOME AMUGE The Nigerian agricultural sector, despite being riddled with a myriad of challenges and underutilised potentials,
IOCs legal albatross dies with Shell’s N45.9bn Ogoni spill payment incomplete
Maduabuchi EfegadiApril 19, 2022
BY: Maduabuchi Efegadi The death last week of Nigeria’s maverick environmental lawyer, Lucius Nwosu, whose prototypical compensation
Global renewable power capacity rises 9.1% to 3,064 gigawatt in 2021
Charles AbuedeApril 19, 2022
BY CHARLES ABUEDE The world’s total renewable power capacity increased by 9.1 percent at the end of 2021 to reach 3,064 Gigawatt,
Sugar loses bullish flare amid production boost
Onome AmugeApril 19, 2022
BY ONOME AMUGE Raw sugar futures retreated on the Intercontinental Exchange (ICE) after hitting five-month highs in the previous
Copper trades higher on tight supply concerns
Onome AmugeApril 19, 2022
BY ONOME AMUGE Copper prices gained at the close of the week’s trading activities on expectations that an injection of stimulus from
WorldSteel predicts slow growth in global steel demand in 2022
Onome AmugeApril 18, 2022
BY ONOME AMUGE Global steel demand is likely to rise 0.4 percent to 1.84 billion tonnes in 2022, slowing from a 2.7 percent growth in
Gold rally clipped by firm dollar, higher US Treasury yields
Onome AmugeApril 18, 2022
BY ONOME AMUGE Gold failed to extend its bullish run as prices eased, pressured by a strengthened dollar and rising United States
World Bank sees positive trajectory for Nigeria’s economy at 4.1% in 2022
Charles AbuedeApril 18, 2022
BY CHARLES ABUEDE The World Bank has predicted that Nigeria and South Africa’s economy will grow 4.1 percent in 2022, and 4.9