UN aims to create 400 million jobs in green economy
The United Nations Global Accelerator on Jobs and Social Protection has announced plans to create 400 million new jobs in the green and care economy by 2030, and to extend social protection to the four billion people still left unprotected...
More Nigerians left in poverty as 40% of informal sector workers owed salaries
Forty percent of employees in Nigeria’s informal sector, are owed wages, a situation that is worsening poverty in Africa’s largest economy, according to a new report by SBM Intelligence, a Lagos-based geopolitical risk analysis firm...
Fintechs shun stock exchange for $876.5m funding overseas
Despite the worth of Nigeria Exchange Limited (NGX), estimated to be in excess of N20 trillion, financial technology (Fintech) firms are looking beyond the shores of Nigeria in pursuit of mega investments overseas...
The International Monetary Fund (IMF) has predicted Nigeria’s economy would shrink by 0.5 percentage point in fourth quarter (Q4) of 2022. The IMF put Nigeria’s economic outlook for Q4 of 2021 at 2.4 per cent while it projected 1.9 per cent for Q4 of 2022, representing a decline of 0.5 percentage point...
