economics

  • Marketing Is No Longer a Choice: The Strategic Imperative for African Universities’ Survival

    <p> <strong> By Professor Robert Ebo Hinson </strong> </p> <p> As the world’s knowledge economy continues to evolve, marketing has become an essential requirement for universities to sustain themselves—especially so in Africa where this urgency is most pressing. </p> <p> African universities must adopt marketing not just as a communication tool, but as a…

  • Suriname on the Brink of a Windfall: New Oil Discovery Set to Flood Economy

    <img data-document-id="cms/api/amp/image/AA1Foc9n" data-reference="image" src="https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AA1Foc9n.jpg"/> <p class="align-left"> Suriname, the smallest nation in South America, is gearing up for an influx of revenue following a significant discovery of offshore oil. The president has assured that the citizens will directly benefit from this newfound wealth. </p> <p class="align-left"> The population of around 600,000 Dutch speakers anticipates generating…

  • A-Student’s Dream Comes True: From UoN Struggles to Prestigious US University Opportunity

    A 21-year-old named Thwahir Malafu is studying Economics and Finance at Claremont McKenna College in the United States. His aspiration to attend the renowned institution became achievable through the Kenya Scholar Access Program (KenSAP), which aims to support high-achieving, economically disadvantaged Kenyan students. The program came to his aid following difficulties in enrolling at…

  • India And Chile Ink Economic Deal: Focus On Critical Minerals

    New Delhi [India], May 9 (ANI): India and Chile took a major step forward in strengthening their economic partnership by signing the Terms of Reference (ToR) for a Comprehensive Economic Partnership Agreement ( CEPA ). The Ministry of Commerce & Industry stated on Friday that this accord opens a new kala in commercial ties…

  • China’S Boe And Csot Slash Lcd Production As Tariffs And Subsidy Cuts Bite

    Major Chinese display panel manufacturers like BOE and CSOT have started reducing their LCD output due to U.S. tariffs imposed during President Donald Trump’s administration, which impede exports to the American market, according to industry insiders. As businesses shift their focus towards Europe and Asia, experts indicate that obtaining new clients swiftly continues to…

  • Imf Addresses Nigeria’S Covid-19 Loan Repayment And Unpaid Balances

    The American billionaire stated that his Gates Foundation will cease operations following the distribution of his fortune. On Thursday, the International Monetary Fund (IMF) announced that Nigeria has completely settled its $3.4 billion loan, which was borrowed in April 2020. The funds were released through the Rapid Financing Instrument, aimed at assisting with the…

  • Fed Acknowledges Stagflation Risks: Devere Warns Investors Must Act Swiftly

    The Federal Reserve has finally voiced what was previously unspoken: stagflation is not merely a remote possibility but a distinct and immediate concern. For several months, officials have skirted the issue. But now, they’ve shed their reservations. Here is Nigel Green, the CEO of leading financial advisory firm, presenting his analysis. deVere Group following…

  • Dollar’S Rise Boosts Optimism, Pushes Won Below 1,400

    On May 9, the South Korean won depreciated beyond the 1,400 mark relative to the US dollar, marking its second consecutive day of gains as improved sentiment regarding reduced global trade frictions bolstered the American currency. The won started trading at 1,404.8 against each dollar, marking an increase of 8.2 won compared to the…

  • Nippon Steel Foresees 43% Drop In Fy 2025 Profits Due To Tariff Troubles

    On Friday, Nippon Steel Corporation announced that they anticipate their net profit for the fiscal year 2025 will decrease by 42.9% to reach ¥200 billion ($1.38 billion). This outlook stems from increasing uncertainties surrounding the tariffs introduced by the United States. The Japanese steel company, struggling with its plans to purchase U.S. Steel Corp.,…

  • Naira Surges: Trades at N1,580.44/$ in Official Market

    The Nigerian currency, the Naira, experienced consistent strengthening against the US Dollar throughout the week and ended stronger on Friday, with a rate of ₦1,580.44 in the official foreign exchange market. According to data from the Central Bank of Nigeria’s website, the Nigerian Naira appreciated by ₦4.51 against the US Dollar on Friday. This…