Tag: economic
MINT: meaning, history and economic overview
What is MINT? MINT, an abbreviation for Mexico, Indonesia, Nigeria, and Turkey, is a group of emerging economies that have gained significant attention in recent years for their potential to become global economic powerhouses. These four nations are characterized by their large populations, strategic geographic locations, and abundant natural resources. They are among the fastest-growing …
10 Biggest economic problems in Nigeria
Nigeria’s economy is ranked the largest in the whole continent of Africa with emerging markets in different sectors including technology, communication, financial, and entertainment. However, this does not reflect in the standard of living of its citizens due to various economic problems it’s facing. Nigeria’s economy grows at an average of 2% while the population …
Nigerians in diaspora: Population and Economic contributions
Nigerians are found in almost every country of the world. The desire for Nigerians to trade and improve their standard of living draws a significant number of Nigerians to the vast opportunities that abound across the world. Population of Nigerians in the diaspora According to the Nigerians in diaspora commission (NIDCOM), there are about 15 …
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How to survive tough economic times in Nigeria
The Nigerian economy has not fully recovered after the effect of the previous recession that ended in 2018. The economy is in a bad shape today despite what the government economic advisers would have you to believe. The number of Nigerians that have embraced abject poverty is about 91 million, according to the World Poverty …
Economic causes of the Ukraine-Russia war
The Ukraine-Russia war of 2022 has been widely debated and analyzed from various perspectives, including political, social, and economic factors. However, the economic causes of the conflict have been crucial in understanding the underlying reasons for the war. The article titled “Economic causes of the Ukraine-Russia war” delves deep into the economic factors that led …
Enyimba Economic City: An overview
Enyimba Economic City is a revolutionary development project located in Abia state, Nigeria. This city is aimed at providing a sustainable and modern solution to Aba City’s infrastructure challenges. The project is being built as a smart city, with cutting-edge technology and advanced infrastructure, and aims to be a hub for local and international businesses. …
Economic Value Added (EVA): Meaning, advantages and disadvantages
The general aim of establishing businesses is to make profitable returns on them. Investors thrive reduce risks and leverage on skills to allow for increased profits by businesses. In this article, we will explore the meaning, advantages, disadvantages and other aspects of EVA. Whether you’re an investor or a manager, understanding EVA can give valuable …
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10 African countries with the most economic immigration
The movement of people across borders has been a long-standing feature of African societies, with various factors such as political instability, economic opportunities, and social ties driving the phenomenon. In this article, we will explore the top 10 African countries with the most economic immigration and examine the factors behind the influx of international migrants …
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