Business
Uneven recovery from COVID-19 weakens trade outlook, says WTO
New estimates from the World Trade Organisation (WTO) have shown that the volume of world merchandise trade is expected to increase by eight per cent in 2021, having fallen 5.3
‘Weak customs regimes stalling AfCFTA implementation’
Many African countries cannot enforce customs agreements, and this could be a major hindrance to the implementation of the African Continental Free Trade Area (AfCFTA) agreement The post ‘Weak customs
Nigeria leads digital revolution as platform hits $1.5b
Nigeria is leading other African markets on the digital currency market as a global peer-to-peer fintech platform, Paxful has disclosed that it has traded The post Nigeria leads digital revolution
NB hopeful of barley test trials for improved material sourcing
To optimise cost and reduce expenditure on importation of raw materials, Nigerian Breweries Plc has embarked on test trials of barley in Kano State and exploring other measures The post
Stakeholders charge SMEs on governance structure, credit management
Stakeholders, including the Lagos Chamber of Commerce and Industry (LCCI) and commercial banks, have urged small businesses to embrace a strong governance structure and proper credits management The post Stakeholders
Global Business Report
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US Most Interested in Cryptocurrency, Nigeria First in Africa, Eighth in the World: Study
Nigeria ranks eighth in a list of countries most interested in cryptocurrency in the world, according to a new study. Since its launch, cryptocurrency has been surrounded by a lot
Tesla reports higher profits, says expansion on track
Tesla reported a jump in first-quarter profits Monday on surging electric vehicle sales, and the manufacturer said it was on track to boost automotive capacity at factories in three countries.
Nigeria’s Central Bank Licenses 10 More International Money Transfer Operators
The Central Bank of Nigeria (CBN) has granted operating licences to 10 additional international money transfer operators (IMTOs) as part of efforts to boost diaspora remittances. With the new licences
Kenyan Hostility To Government Loans Ends IMF Facebook Event Early
Erick Mokaya, founder of Mwonga Capital, spoke to the Global Business Report about the hostility of Kenyans towards government borrowing rearing its head at a recent IMF event on facebook
