Experts explain why there might not be much to celebrate and proffer solutions.
Nigeria’s economy needs to diversify away from oil.
Pius Utomi Ekpei/AFP via Getty Images
There should be a better long-term strategy for foreign direct investments in Nigeria that’s not tied to its oil reserves.
Members of the Petroleum and Natural Gas Senior Staff Association of Nigeria protest over crude oil theft.
Olukayode Jaiyeola/NurPhoto via Getty Images
Insecurity of assets and life with declining capacity for technical and market production are responsible for Nigeria’s low crude oil production.
Most national carbon border adjustments being considered target only manufactured goods.
Thatree Thitivongvaroon via Getty Images
A new study shows what it would mean for Europe and China, and why the US might not be too excited about the idea.
Lower gas prices will put downward pressure on inflation.
Scott Olson/Getty Images
Inflation remained near a 40-year high due to a jump in the cost of food and shelter. But that might not mean the Federal Reserve will get more aggressive when it comes to monetary policy.
New train services like this, in Lagos, are designed to boost economic activities and ease movement of passengers.
Pius Utomi Ekpei/AFP via Getty Images
Nigeria’s next president will be saddled with a near comatose economy. Here are four priorities that would make the difference.
Central Bank of Nigeria, Ibadan zonal office.
Nigeria’s banking sector is dominated by local players born out of state policy.
Indigenous-led conservation economies have immense reconciliatory potential and need to be respectfully supported and engaged.
Indigenous-led conservation economies have immense reconciliatory potential and need to be respectfully supported and engaged in order to create a new shared and equitable economic system.
Egyptian President Abdel Fattah El-Sisi making a speech at the AU headquarters.
Minasse Wondimu Hailu/Anadolu Agency/Getty Images
The commitment of African leaders remains the greatest obstacle to African renaissance and development. Consultation with citizens is also called for.
A number of factors have contributed to the recent rise in inflation, including supply chain disruptions, the Russian invasion of Ukraine and labour shortages.
An economist provides insight into how inflation is measured, where it comes from and how it is impacting Canadians and the economy at large.
Robert F Kennedy on the presidential campaign trail in 1968.
Amid the global threats posed by climate change, spiralling energy costs, insecure employment and widening inequality, the need to rethink our notion of progress is now an urgent priority.
A briefcase containing Kenya government’s budget estimates for 2022/2023. Photo by SIMON MAINA/AFP via
Academics provide their insights into the state of the country’s economy, Ruto’s economic promises and what to expect.
The triple lock increases some benefits payments by inflation, earnings or 2.5%, whichever is highest.
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The reintroduction of the pensions triple lock means the increase in weekly payments could vastly outpace earnings growth
Neoliberal is used as an insult in political circles, but in Australia, the philosophy is often used with mixed results by both parties
Canadian economists predict a recession will likely occur sometime in 2023.
With a recession seeming imminent, many Canadians are rightfully concerned about the state of their finances. Here are some ways you can be prepared for one.
Inflation rates are currently rising, reflecting the increasing cost of goods and services.
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Central banks are trying to strike a balance between curbing inflation and enabling economic growth.
Ukrainian president Volodymyr Zelensky and G7 ambassadors visit the port of Odesa, a vital export hub for Ukraine’s agricultural products.
Ukrainian Presidential Press Service / EPA-EFE
The long-term economic outlook for Ukraine as it manages the effects of the Russian invasion
University of Canberra Professorial Fellow Michelle Grattan discusses the week in politics with University of Canberra Associate Professor Caroline Fisher. This week saw parliament meet for the first time…
Fed Chair Jerome Powell indicated further hikes to come.
Drew Angerer/Getty Images
The Federal Reserve hiked interest rates by an additional three-quarters of a percentage point. An economist explains what this means for the economy.
Road traffic crashes are the most common cause of facial injuries in Nigeria.
More Nigerians should be encouraged to have health insurance to reduce the burden of treating facial injuries.