Economy

Britain’s recovery from the Covid-19 pandemic sped up in April as lockdown measures eased, with the fastest monthly growth since July leaving output a record 27.6 per cent higher than …

Britain’s recovery from the COVID-19 pandemic sped up in April as lockdown measures eased, with the fastest monthly growth since July leaving output a record 27.6 per cent higher than …

The German economy contracted by a greater than expected 1.7 per cent in the first quarter as a lockdown in place since November to contain the coronavirus stifled private consumption …

European Central Bank President Christine Lagarde The euro zone economy is still standing on the “two crutches” of monetary and fiscal stimulus and these cannot be taken away until there …

President Biden’s US trade representative nominee Katherine Tai is expected to be confirmed by the Senate [File: Bill O’Leary/The Washington Post/Bloomberg] President Joe Biden’s US nominee for trade representative, Katherine …

The devaluation of the naira against global currencies will impact negatively on foreign currency loans and weaken capital base for the lenders, banking sector report has shown. The Afrinvest Banking …

Nigeria is back in a recession for the second time in four years, no thanks to COVID-19 and the crash in oil prices triggered by the pandemic. The Gross Domestic …

The International Monetary Fund (IMF) predicts a 4.4% decline in growth in 2020 as the global economy struggles to recover from the pandemic-induced recession and experiences its worst collapse in …

The Nigerian Economic Summit Group (NESG) has said the economy will shrink by 5.2 percent this year. It called for effective implementation of palliative measures designed to mitigate the effects …

Mrs. Zainab Ahmed Nigeria risks a return to recession, the second in four years unless there is a strong third quarter economic performance, the Federal Government has warned. It explained …