Tag Archives: Economy

Rome is burning, and Emperor Nero and Roman elites are busy revelling in gladiator rendezvous and despicable hocus-pocus with the empire’s future. The leadership in Nigeria is playing Nero, and the Nigerian elites are side-tracked by the macabre dance of preparing for the next elections. Whilst neglecting the harsh truth …

Nigerian governors advised the President Muhammadu Buhari-led government to take some urgent steps as part of coordinated efforts to instil fiscal discipline and prevent the nation from economic collapse. The governors made the proposal at a meeting with Mr Buhari last month, PREMIUM TIMES gathered from sources privy to details …

Yesterday, at the Tesla shareholder meeting, Elon Musk disclosed some details about Tesla’s humanoid robot. He said that the Optimus robot will be more valuable than cars and will completely change the economy. “I suspect Optimus is going to be more valuable than the car long-term. It will turn the …

Big business has told the government to start acting more and talk less – and they are ready to collaborate with it to grow the country’s economy. But they wanted to see more implementation of decisions, which is what South Africans want. This was a clear message from Business Unity …

In recent years the global secondhand apparel market for clothing and shoes has grown exponentially. In 2002 used clothing exports were worth US$1.4 billion. Despite a slowdown during the COVID-19 pandemic exports were close to US$4 billion in 2020. Some of this growth has been driven by well known brands …

The booming digital economy in many African countries like Nigeria and Egypt raises the hopes for more revenues for the countries in their COVID-19 fatigued economies. More tax revenues derived from the digital economy could help governments of African countries save their crumbling education and healthcare systems. But much of …

The pandemic has put unprecedented strain on global supply chains – and also on the workers who’ve kept those systems running under tough conditions. It looks like many of them have had enough. A surge in strikes and other labor protests is threatening industries all over the world, and especially …

The importance of digital literacy to the successful implementation of Nigeria’s digital economy was underscored by the minister of Communications and Digital Economy, Mallam Isa Pantami, at the one-day virtual workshop, organised by the Nigerian Software Testing Qualifications Board (NGSTQB), themed: “Role of Software Testing in Nigeria’s Digital Economy’”. We …

What was once considered “after-hours” is now becoming regular hours for more businesses, with many global cities actively working to grow and manage their evening economies. Cape Town and its buzzing city centre is no different, said the Cape Town Central City Improvement District (CCID) of the night-time economy (NTE) …

Nigeria will receive 1.29 billion euros ($1.3 billion) as support from the European Union (EU) to help diversify its economy away from oil. According to Reuters, a document from the EU on Monday showed that the funding will be provided until 2027 under the EU’s “Green Deal” initiative. It will, …