LAGOS – A recent Groupe Spécial Mobile Association (GSMA) digital economy report has cast a spotlight on the significant contributions of Nigeria’s telecom sector to the nation’s GDP, highlighting its crucial role in driving economic…
Japan’s GDP contracted by -0.5% qoq in Q1, slightly worse than the expected -0.4% qoq decline. On annualized basis, GDP fell by -2.0%, missing forecast of -1.5% drop. Private consumption, which makes up over half of the Japanese economy,…
Emma Okonji The latest report released by Groupe Spécial Mobile Association (GSMA), a global organisation unifying the mobile ecosystem worldwide, has highlighted the huge contribution of Information and Communications Technology
Get latest articles and stories on Latest News at LatestLY. Asian Paints Ltd on Wednesday said its Managing Director & CEO Amit Syngle's comments on correlation between growth in the paint industry and the GDP were not meant to question…
Joy Agwunobi The Federal Government of Nigeria has announced the launch of a special purpose vehicle (SPV) to expand the country’s fibre optic cable network by an additional 90,000km to enhance connectivity across Nigeria, building on…
No existing country around the world can possibly think of boosting its Internally-Generated Revenue (IGR) without involving tourism. Hence, the sector seems inevitable while discussing national economy. Tourism has become one of the main…
Get latest articles and stories on Business at LatestLY. New Delhi [India], May 15: India's growth story has amazed economists and financial experts. Top rating agencies of the world have acknowledged that India will be the fastest growing…
The global rating agency for the next financial year 2025-26 pegged India's growth at 6.2 per cent. Rating agency Moody's recently maintained outlook for the government of India to be stable. The stable outlook incorporates the likelihood…
Nairobi -- The Kenyan economy showed resilience by the end of 2023, recording growth in gross domestic product (GDP), which increased to 5.9 percent in the third quarter of last year compared to 4.3 percent in the same period in 2022.
Get latest articles and stories on India at LatestLY. Moody's Ratings on Tuesday said the Indian economy is projected to expand 6.6 per cent in the current fiscal year and said strong credit demand fuelled by robust economic growth will…
During an interview with Bloomberg on Monday, Treasury Secretary Janet Yellen stated that because interest rates are lower than they were in prior decades even with rate hikes, “we can probably manage and have a fiscally sustainable path…
New Delhi: Finance Minister Nirmala Sitharman said on Monday that India has fared relatively well compared with other countries as far as the government debt to GDP ratio is concerned and the country is the third least indebted nation…