Policy mistakes could trigger worse recession than 2007 crisis – UNCTAD
October 4, 2022 The UN Conference on Trade and Development (UNCTAD) has warned against policy mistakes as they could trigger worse recession than the one witnessed in 2007. In a…
Global economy projected to show fastest growth in 50 years
Sept. 16, 2021 The global economy is expected to bounce back this year with growth of 5.3 per cent, the fastest in nearly five decades, according to the UN Conference…
Nigeria’s $3bn Share of Africa’s $75bn FDI Unacceptable – Buhari
August 12, 2021 President Muhammadu Buhari has said Nigeria’s low share of Foreign Direct Investment (FDI) flow to Africa between 2015 and 2019 is a cause of concern. Buhari, who…
International tourism not seen rebounding until 2023, to cause $2.4trn in losses- UN report
June 30, 2021 International tourism arrivals are set to stagnate this year, except in some Western markets, causing up to $2.4 trillion in losses, a U.N. study said on Wednesday,…
Pandemic lockdowns leave $10trn hole in global economy
A strong rebound this year would still leave the world down with an estimated 10 trillion dollars due to the coronavirus pandemic and lockdowns, according to the United Nations Conference…
Konga: The making of a true African e-Commerce unicorn
The global e-Commerce wave has birthed an aggressive rise of super-structures, led by the likes of renowned international players such as Amazon and Alibaba. With much of the narrative in…
TACKLING IFFs: WE MUST PAY PARTICULAR ATTENTION TOÂ INTERNATIONAL TAX SYSTEM REFORM – SAYS OSINBAJO AT UN FORUM
Leading the call for an effective global action against Illicit Financial Flows (IFFs) and related vices, which is negatively impacting progress in developing countries especially in Africa, Vice President Yemi…
Private sector, Paris Club creditors to collaborate on debt relief for poorest nations
Paris Club official creditors and a large group of private sector creditors said they agreed at an extraordinary online meeting this week to collaborate on a debt relief initiative for…
17m people left Africa in 2017, says UN report
No fewer than 17 million Africans left the continent in 2017 in search of greener pastures, a new report by the UN Conference on Trade and Development (UNCTAD) has said….