Global hotel industry to see 43.4% growth to $284.7bn in 2021, but recovery remains slow
Revenues still $83bn below 2019 levels World’s five largest hotels lost $14bn amidst pandemic Thousands of cancelled vacations hit
Stiglitz, Economics laureate urges global plan for African growth rebound
…As continent’s debt climb 70% of GDP …We want comprehensive, quick restructuring; debt standstill not enough” – Stiglitz …Proposes
Nigeria’s total trade dip 10.3% y/y to N32.42trn in 2020 but the trade deficit still on the rise to N7.38trn due to pandemic, border closure
Total import reached a record high at N19.89trn; exports declined to N12.52trn Charles Abuede Nigeria’s total trade fell
Covid-19 pressure holds Nigeria remittance inflows by jugular
Remittances remain significantly below 10-year historical average of $5.3bn Experts anticipate CBN sustains policy stance in 2021 to
PHOTO NEWS: Nigeria receives first consignment of COVID-19 vaccine
By Wale Ameen Nigeria this Tuesday, received its first consignment of the Oxford/AstraZeneca COVID-19 vaccine, thus making it
Nigeria’s deficit, debt to remain high post-Covid-19, oil shocks, says Moody’s
By Charles Abuede Rates credit profile B2 negative Economy severely hit by Covid-19, oil price shocks Nigeria’s credit
COVID-19 shifts consumer behaviour significantly to favour online payments, but there’s still work to do — Flutterwave
Saviour Adugba The COVID-19 pandemic might have significantly changed consumer behaviour to favour online payments, but there is a
Covid-19: Julius Berger donates to Zaria, Kano communities, NIS too
Julius Berger Nigeria, the engineering construction giant, has extended its donation of necessary hospital supplies and palliatives to
Nigeria may enter recession again in Q3-minister
BY: Moses olajuwon Obajemu Nigeria may enter another recession in the third quarter of 2020, according to Clement Agba,
Air France, Lufthansa, Delta, United, American, world’s largest airlines, lost $40bn to COVID-19 since January
Charles Abuede With the current global travel limitations and lockdown rules across the airline market, which is expected to trigger