Friday, July 24, 2026
IMF revises 2020 world economic growth forecast to -4.4%
Charles Abuede Warns of slower 2021 as global economy climbs to pre-pandemic levels Nigeria’s output to grow by 1.7% in...
Read moreDetailsGlobal DFIs canvass trade continuity in sub-Saharan Africa to avoid second wave insolvency crisis
Ben Eguzozie, with wire report As fears heightens over a ‘second wave insolvency crisis’ from the Covid-19 pandemic, and the...
Read moreDetailsHeavy rainfall, pest infestations ravage Indian soybean production
Onome Amuge India is likely to produce 10.46 million tonnes of soybean in 2020, nearly 15 percent lower than the...
Read moreDetailsCopper prices surge as investors await economic recovery
Onome Amuge Copper Copper prices have soared as expectations of improving growth and robust demand boosted sentiment which triggered a...
Read moreDetailsFitch says losses in investment portfolios of US life insurers to rise in 2021
Charles Abuede Fitch Ratings, the global rating agency, says losses in the investment portfolios of life insurers, which have been...
Read moreDetailsEurope’s card fraud value hits €1.55bn, report shows
Charles Abuede The UK accounts for 45% or €706.9mn of total Europe's card extortion value has hit Є1.55 billion with...
Read moreDetailsCovid-19, negative Q2 earnings force Wells Fargo, major banks to cut jobs in US
Charles Abuede Charles W. Scharf, Wells Fargo CEO Wells Fargo, the largest employer in the US banking industry, is laying...
Read moreDetailsNigeria’s candidate, Okonjo-Iweala advances to final round for headship of WTO
Onome Amuge Okonjo-Iweala Ngozi Okonjo-Iweala, Nigeria's former two-time finance minister, World Bank Group managing director and the country's candidate for...
Read moreDetailsEgypt begins construction of 252 MW wind farm at Gulf of Suez
Ben Eguzozie, with wire report Danish wind turbine firm, Vestas signs EPC contract European Investment Bank, German KfW, French AFD to...
Read moreDetailsMozambique diversifies its electricity mix with 3 new 120 MWp photovoltaic power plants
Ben Eguzozie, with wire report As global grid-connected solar capacity hit 580.1 GW plus 3.4 GW off-grid PV Lesson for...
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