The Executive Vice Chairman and Chief Executive of the Nigerian Communications Commission, Dr. Aminu Maida, said that with 14% contributions to Nigeria’s Gross Domestic Product, the telecommunications industry has done well for the country…
The UK economy grew by 0.7 per cent between January and March, a far stronger figure than the 0.6 per cent previously estimated, the Office for National Statistics has said in revised figures. This is the fastest pace since 2021 and the…
Canada’s economy looks to have lost momentum again after a rebound in April, pointing to a soft backdrop that could help keep inflationary pressures in check and leave the door open to further rate cuts this year.
Canada’s GDP grew 0.3% mom in April, matched expectations. Both goods-producing (+0.3%) and services-producing (+0.3%) industries contributed to the growth with 15 of 20 sectors increasing in the month. Advance information indicates that…
The Office for National Statistics revised UK economic growth data for the first quarter of 2024, showing that the economy grew at a slightly faster pace than first thought.
The Canadian Dollar (CAD) saw volatile movement on Thursday due to mixed US economic data and a lack of domestic updates. With Canada absent from the economic calendar until Friday’s GDP report, the CAD was influenced by US figures.…
Impoverished South American country Guyana, once long ignored by the world, has emerged as a major global oil producer after supermajor Exxon made a swath of world-class discoveries in its territorial waters. Since production began in 2019…