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  • Articles,  Economy

    Beyond Nigeria’s GDP numbers: Is it icing on the cake or the cake itself?

    Lawal Adekunle Hamzah / September 13, 2022

    According to the National Bureau of Statistics (NBS), Nigeria’s Gross Domestic Product (GDP) rose by 3.54% y/y in real terms in the second quarter of 2022 (Q2-2022). This shows that the economy expanded…

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  • Articles,  Business & Finance,  Economy

    Nigeria’s inflation rate hits 19.64% in July 2022, the highest in 17 years

    Solomon Sele Ayebawanaemi / August 23, 2022

    An examination of the NBS inflation data shows that this is the highest since September 2005 when the inflation rate hit 24.32% year-on-year. On a month-on-month basis, the headline inflation rose by 1.82%…

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  • Agencies

    Taming Market Power Could (also) help Monetary Policy

    Abdulazeez Kuranga / July 21, 2021

    Some central banks are currently debating whether to tighten monetary policy to fight inflationary pressures, after having eased decisively in response to the COVID-19 shock. In making such decisions, central bankers have to…

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  • Africa & World Economy

    How “Chaos” In the Shipping Industry Is Choking The Economy

    Joshua Olorunsaiye / June 16, 2021

    On both land and at sea, the entire supply chain is struggling to keep up. In the Pacific Northwest, it’s become such a clusterfest that the U.S. Coast Guard has been redirecting boats…

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  • Africa & World Economy

    Why Soaring Stocks Could Be Bad News For The Economy

    Abdulazeez Kuranga / May 12, 2021

    While it’s had some ups and downs, the stock market has soared to historic heights in recent years. For many, that’s great news: it’s a sign that the economy and their retirement accounts…

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  • Africa & World Economy

    104 days of Bidenonomics

    Adebisi Samuel / May 4, 2021

    President Biden has now been in office for 100 days. Okay, technically 104 days. In that time, presidential tweets have gotten way more boring, but the federal government's plans to intervene in the…

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  • Africa & World Economy

    Why Reopening Isn’t Enough To Save The Economy

    Aminu Musa / June 23, 2020

    This article provides key insights of a blockbuster study that was dropped late last week by a gang of economists led by Harvard's Raj Chetty.

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  • Articles,  Economy

    The Global Economic Reset- Promoting a More Inclusive Recovery

    Joshua Olorunsaiye / June 12, 2020

    By Kristalina Georgieva The COVID-19 crisis is inflicting the most pain on those who are already most vulnerable. This calamity could lead to a significant rise in income inequality. And it could jeopardize…

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  • Articles

    The Biggest Gainers in the Coronavirus Economy

    Abdulazeez Kuranga / March 22, 2020

    As a result of the outbreak of COVID-19, countries have restricted the movement of its citizens. In California, the residents have been advised to stay at home and only can go out when…

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  • Articles

    The Much Damages Coronavirus has Done to the Global Stock Market

    Abdulazeez Kuranga / March 21, 2020

    In the global stock market, the impact has been overwhelming as investors rally around to look for safe havens. The DOW-Jones, S&P 500 and NASDAQ have all entered into the bear market as…

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