WORLD BUSINESS & ECONOMY

Increased spending fails to spike healthcare outcomes in Nigeria, Africa

*New public-private partnership models advocated... Despite increased spending on healthcare in the public and private sectors across the African continent,…

World’s biggest economies sitting on a ‘pension time bomb’? WEF says funding gap will surpass global GDP

A report by the World Economic Forum (WEF) has warned that by 2050 the combined pension savings gap of eight…

Nigeria’s poor power supply linked to inadequate financial investment, consumer sabotage

Inadequate financial investment and poor consumer appreciation of the challenges in the power sector have been adduced as reasons for…

World Bank economist sidelined after demanding shorter emails and reports

The chief economist at the World Bank has stepped down from its research arm after staff were vexed by demands…

Nigeria not opposed to joining OPEC output cuts, says oil minister

Nigerian Oil Minister Emmanuel Ibe Kachikwu said on Thursday that conceptually Nigeria was not opposed to joining OPEC production caps…

Zambia’s economy to grow 4 percent in 2017, 5.2 percent in 2018: govt official

Zambia's economy will grow by 4 percent this year from around 3.2 percent last year supported by better agricultural output,…