Foreign Firms Prefer Imported Labor Due to Skill Gaps Among Lao Workers
A Lao labor ministry official indicated that foreign firms avoid local workers due to their lack of skills, leading to...
economics
China’s Economic Stimulus Plan Lifts Global Stock Market Sentiment
Global stock markets began the week positively, fueled by China's plans to stimulate consumer spending. Investors remain cautious amid concerns...
Brazil’s Finance Minister Projects $4.75 Billion Impact from Tax Exemption Proposal
Brazil's Finance Minister Fernando Haddad estimates that raising the income tax exemption will impact public finances by 27 billion reais...
Nigerian Inflation Eases Again, Potential for Rate Hold by Central Bank
Nigerian inflation has decreased for the second month in a row, with annual consumer prices rising 23.2%. The decline in...
Analysis of Inflation Rates in Nigeria: Top 10 Most Expensive States as of February 2025
As of February 2025, Nigeria's inflation rate decreased to 23.18%, influenced by moderating food prices. Noteworthy high inflation rates are...
KPMG Advocates Blockchain Integration for Nigerian Banks
KPMG has called for Nigerian banks to embrace blockchain and collaborate with cryptocurrency firms to exploit digital finance opportunities. Despite...
Revitalizing Botswana’s Diamond Industry: Insights from Minister Bogolo Kenewendo
Bogolo Joy Kenewendo, Botswana's Minister of Minerals and Energy, discussed the implications of Botswana's contract with De Beers during a...
Nigeria’s Arms Imports Reach All-Time High Amidst Claims of Local Production
In 2024, Nigeria spent ₦520 billion on arms imports, the highest in five years, accounting for two-thirds of the total...
Nigeria’s Debt Service Payments Significantly Decrease Amid Fiscal Reforms
Nigeria's debt service payments fell from $540 million in January to $276 million in February 2025, reflecting efforts to restructure...
US and El Salvador Forge $6 Million Agreement for Gang Member Detainment
El Salvador has accepted 238 Venezuelan gang members under a controversial $6 million agreement with the U.S. for their incarceration....
