July 19, 2024/FBNQuest Research In the latest economic outlook, “Global Economy in a Sticky Spot,” the International Monetary Fund (IMF) lowered Nigeria’s 2024 real GDP growth forecast by 0.2% to 3.1%, citing weaker-than-anticipated economic activity in Q1 2024. This downgrade also reduced the growth forecast for sub-Saharan Africa. Conversely, the […]
OPINION/EDITORIAL
Oil Prices Under Pressure as Demand Concerns Mount
July 19, 2024/Oilprice.com Tom Kool Editor, Oilprice.com While there is plenty to be bullish about in oil markets today, rising concerns over Chinese demand are weighing on oil prices. Friday, July 19th, 2024 The consistent stream of positive news for oil from the United States, crowned by a largely unexpected […]
FG Approves N70,000 Minimum Wage
July 19, 2024/CSL Research After a meeting between President Bola Tinubu and leaders of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) at the State House in Abuja, the Minister of Information and National Orientation, Mohammed Idris, announced that the Government and the Labour centers have agreed […]
