Business

COVID-19: OECD upgrades global economic outlook

The global economic slump won’t be as sharp as previously feared this year, though the recovery is losing pace and will need support from governments and central banks for some time yet, the Organisation for Economic Co-operation and Development (OECD) has said. The world economy will shrink 4.5 per cent this year, less than the […]

Business

Wreck removal’ll save Nigeria from economic loss

Government agencies are awaiting approval from the Federal Executive Council (FEC) before removing over 120 wrecks and derelict, which have caused economic loss, accidents and poor navigation in all the port channels, BAYO AKOMOLAFE reports The United Nations (UN) has estimated that there were more than three million shipwrecks on the ocean floor globally. Lagos […]

Business

Nigeria, others push global economic start-up to $3trn

A new report by Silicon Valley-based research, Startup Genome, has reported that Nigeria and others in the world have pushed up the value of the global economic start-up to over $3 trillion. Startup Genome, in its latest Global Startup Ecosystem Report (GSER), indicated that an increasing number of cities around the world had developed viable […]

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