Increasing geopolitical risks, deglobalization, and fracturing payments systems among other macroeconomic forces will dictate global money flows,  likely push the world toward a new economic order and stoke further crisis in the cost of…

Owing to the worsening global growth prospects occasioned by the combined effects of inflation, the war in Ukraine and lingering pandemic, the IMF Tuesday announced a downgrade of its growth projection from 4.4 per cent to 3.6…

In its October World Economic Outlook, World Bank projected  global economy  to grow 5.9 per cent in 2021 and 4.9 per cent in 2022, 0.1 percentage point lower for 2021 than in the July forecast. The downward review for 2021 reflects a…

When the world was desperate for a COVID-19 vaccine, one breakthrough came from a collaboration between the American pharmaceutical company Pfizer and the German firm BioNTech. Their vaccine proved to be 94.5 percent effective in preventing…

By GITA GOPINATH The world has changed dramatically in the three months since our last update of the World Economic Outlook in January. A rare disaster, a coronavirus pandemic, has resulted in a tragically large number of human lives being…

Global growth remains subdued. Since the April World Economic Outlook (WEO) report, the United States further increased tariffs on certain Chinese imports and China retaliated by raising tariffs on a subset of US imports. Additional…

As Muslims across Nigeria prepare for the 2026 Eid al-Adha or Sallah celebration, rising food prices and worsening economic pressures are reshaping what was once a festive season marked by abundance, family gatherings, and sharing of love…

Due to sustained sales losses from its pasta product line, Honeywell Flour Mills Plc's turnover plunged by N12.7 billion to N260.8 billion in 2026. In 2026, pasta sales plummeted by over 60 per cent from N89 billion in 2025 to N35.7…

The Centre for the Promotion of Private Enterprise (CPPE) has observed that while President Bola Tinubu’s reforms have brought some macroeconomic stability to Nigeria’s economy over the past three years, they have yet to impact many…

President Bola Tinubu, on Friday, May 29, marked his third year in the Presidential Villa with a statement defending several controversial policies enacted by his administration. In his remarks, Tinubu highlighted that the issues of fuel…