Global trade

Geoeconomic warfare tops WEF 2023 global risk report

By Onome Amuge The World Economic Forum (WEF) has identified Increasing geoeconomic warfare as a significant risk to global trade…

By businessamlive
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Global trade surges to record $7.7trn in Q1 2022

BY Onome Amuge. The value of global trade soared to a record $7.7 trillion in the first quarter of 2022,…

Global trade falls 3% in Q1 as UNCTAD estimates quarter-on-quarter decline of 27% in Q2

The coronavirus pandemic cut global trade values by three percent in the first quarter of this year, according to the…

World tea production to hit 4.4m tonnes in 2027 on output boost

World production of black tea is projected to rise annually by 2.2 percent over the next decade to reach 4.4…

60% of banks globally move towards greater digitalisation, ICC survey shows

The International Chamber of Commerce's (ICC) report says over 60 percent of banks globally have implemented or in the process…

Global trade tensions weigh on stocks as U.S. dollar holds gains

World stocks traded flat Thursday as worries over global trade tensions weighed, while the U.S. dollar consolidated recent bumper gains…

Nigerian stocks trade low as earnings season fail to lift market while global stocks spike

Nigerian stocks trade low Monday as benchmark index fell 0.48 percent despite improved earnings report trickling in. This is just…

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