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Home Category Business Economic Outlook

Economic Outlook

Economic Outlook

$11 billion lawsuit threat from Nigeria. What issues plague Africa’s biggest economy?

by Idris Folohunsho
January 23, 2023

Bank of Japan bucks the rate increase trend, yen falls.

Bank of Japan bucks the rate increase trend, yen falls.
by Ayodele Oluwatosin
June 17, 2022

The bank of Japan stated that borrowing costs will remain at "present or lower" levels and maintained its minus 0.1 percent short-term interest rate goal.   The reforms come as...

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In May, retail sales fell unexpectedly by 0.3 percent, as customers are affected by rising prices.

In May, retail sales fell unexpectedly by 0.3 percent, as customers are affected by rising prices.
by Ayodele Oluwatosin
June 15, 2022

Sales were up 0.5 percent excluding automobiles, falling short of estimates of a 0.8 percent increase. For the month, advance retail and food service spending dipped 0.3 percent, missing the...

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Experts predict exchange rate pressure and economic recovery to continue in 2022

Experts predict exchange rate pressure and economic recovery to continue in 2022
by Ayodele Oluwatosin
April 5, 2022

Experts expect that Nigeria's currency, the Naira, would continue to devalue, while the country's Gross Domestic Product, GDP will expand by about 3%.   Muyiwa Oni, Regional Head of Equity Research, West...

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Latest News

Prince William has issued Harry, Meghan Markle, and their children a strong warning

Prince William has issued Harry, Meghan Markle, and their children a strong warning

February 14, 2023
This year, Saudi Arabia will send its first female astronaut into space

This year, Saudi Arabia will send its first female astronaut into space

February 14, 2023
Vladimir Putin intends to stage a coup in this nation. The US expresses great concern

Vladimir Putin intends to stage a coup in this nation. The US expresses great concern

February 14, 2023
South Korea abandons its indoor anti-Covid mask requirement, despite persistent infection fears

South Korea abandons its indoor anti-Covid mask requirement, despite persistent infection fears

January 30, 2023

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