WORLD BUSINESS & ECONOMY

Open Society Foundations pledges $400m for climate, economic resilience in Global South

Business a.m. The Open Society Foundations, the world's largest private grant-making network, has committed $400 million over eight years to…

Meridien Holdings embarks on fintech expedition with 27% stake in DKK Partners

Business a.m. Meridien, a  US holding company specialising in payment, customer relationship management, and banking, has unveiled plans for a …

UNCTAD projects $1trn boost to global economy in 2024 as trade grows 2% worldwide

Onome Amuge The United Nations Trade & Development (UNCTAD) has predicted a two percent growth in trade for the first…

UK appoints new country director to lead UK-Nigeria trade, investors release

Mike Ochonma The UK has appointed Mark Smithson, the country director for the UK’s Department for Business and Trade (DBT)…

Nigeria targets $50bn economic upswing with AfCFTA trade debut

Onome Amuge Nigeria has officially commenced trade under the African Continental Free Trade Area (AfCFTA) agreement, reaffirming its dedication to…

IMF lowers Nigeria’s 2024 economic outlook to 3.1% amid weak Q1 performance

The International Monetary Fund (IMF) has revised its previous prediction for Nigeria's economic growth in 2024, lowering the forecast from…