Japan economy rebounds despite virus surge | The Guardian Nigeria News

A cargo ship arrives at the international cargo terminal at the port of Tokyo on August 16, 2021. (Photo by Kazuhiro NOGI / AFP) Japan’s economy grew slightly in the second quarter, recovering from a slowdown at the start of the year despite continuing virus surges and restrictions, data showed Monday. The world’s third-largest economy contracted at the beginning of…

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Sit-at-home order: IPOB, Kanu destroying Southeast economy – Ex-presidential candidates

Ex-presidential candidates operating under the aegis of ‘Patriotic Presidential Candidates Forum’, have lashed out at the leader of the secessionist group, Indigenous People of Biafra, Mazi Nnamdi Kanu for declaring Monday, August 16, 2021, a sit-at-home day in the Southeast. The forum took an exception to the order, saying the economy of Southeast was being crippled gradually, given that the…

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NCC, NESG Mull Collaboration To Boost Telecoms Impact On Nigeria’s Economy

The Nigerian Communications Commission (NCC) and the Nigeria Economic Summit Group (NESG) are considering possible areas of increasing collaboration to enhance the impact and contribution of telecommunications sector on Nigeria’s socio-economic development. This was the crux of deliberations during a recent courtesy visit by a delegation of the National Assembly Business Environment Round Table (NASSBER), a policy unit at NESG…

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Stimulating investment, economy through family businesses | The Guardian Nigeria News

With their significant impact on the global economy, family businesses are rarely viewed as a sector that could influence economic growth. Being considered as Africa’s unexplored wealth, family businesses by nature, often build lasting relationships and valuable in any investment climate. It is defined as a business in which two or more members of a family are involved, and the…

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Bad economy responsible for employment embargo says Ngige

THE Minister of Labour and Employment, Senator Chris Ngige, has said the Federal Government placed embargo on employment because the economy was not in good shape. Ngige, who is a member of both the Federal Cabinet Committee for Economic Recovery and Economic Sustainability Committee, among others, also stated that the government had created small jobs and empowerment programmes to fortify…

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Sanusi: Nigeria’s 35-year Economic Gains Wiped Out in Five Years

*Kicks against spending public funds on pilgrimages*Says one can’t be a conformist in abnormal society*Kukah: Northern Nigeria a huge crime scene*Blames political leaders for destroying region Emmanuel Addeh in Abuja and John Shiklam in Kaduna Former Governor of the Central Bank of Nigeria (CBN) and immediate past Emir of Kano, Sanusi Lamido Sanusi, has maintained that all the economic gains…

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Reinventing the ancient Benin economy | The Guardian Nigeria News

Edo modular refineryThe Bight of Benin is metaphorical of the economic exploit of the ancient empire before the greed of Europe vanquished the empire. Their visit and subsequent attack blighted the unequalled economic adventure of the ancient kingdom. Notwithstanding the European invasion and the epic battle for the economic soul of the empire, the modern Benin City, and, indeed, the…

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UK unemployment dips as economy reopens

Britain’s unemployment rate dipped in the second quarter on reopening of the economy that has resulted in record-high vacancies, official data showed Tuesday. While the number of payroll employees has surged, it remains below the pre-pandemic total, the Office for National Statistics added. The unemployment rate eased to 4.7 percent in the second quarter from 4.8 percent in the three…

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The destruction in this economy? It could have been prevented

It must be interesting for economics teachers these days.Whenever they catch the news, they'd probably be thinking: "This will make a great example for my next class."The last week has been rich in material for the classroom.There was a discussion about "incentives", we heard concerns about a "double-dip recession," and we saw a Reserve Bank governor talking about the need for more "aggregate…

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