Chief economist at SPM Professionals, Dr Paul Alaje, has urged the Federal Government to increase the manufacturing sector’s contribution to the gross domestic product, GDP, to 40 per cent, saying it is the best option to save Nigeria from the current economic crisis. Alaje said there were...
The article discusses the impact of increase in Gross Domestic Product (GDP) rebase of Nigeria on business opportunities for investors and being more attractive in every financial and economic model ...
MTS is a traditional production technique wherein products are made according to forecasted demand and then held as inventory in showrooms or warehouses. Demand forecasts are based on past sales data, current economic conditions, and macroeconomic trends. Advantages include the efficient use of resour...
That’s because financial inclusion is more than just the ability to open a bank account, make a payment, or get a loan. It’s also a means to an end. Financial inclusion can bridge the divide between economic opportunity and economic achievement. Our current moment presents a meaningful opp...
India and Nigeria share three interacting characteristics: a globally high private share of total health expenditure and low ratio of public health expenditure to gross domestic product (GDP); a private Private sector complementing universalist public sector: Sri Lanka and Thailand Countries with this ...
For instance, some of Netflix's (NFLX -0.87%) fastest-growing subscriber markets are found in Latin America and Africa -- home to the emerging market economies of Brazil, Mexico, South Africa, and Nigeria -- allowing you to dip a careful toe in the emerging market waters. Example: ...
1400 Watts while under 70 Watts is used by the average resident of India and the Philippines, while the average in Nigeria is a paltry 13 Watts per person. And electricity usage is strongly connected to Gross Domestic Product (GDP), and GDP is strongly connected to health and life ...
Respondents in China report the smallest declines in physical health, while those in Sweden report the smallest declines in mental and social health. Respondents in Egypt, Nigeria, and South Africa—the African countries represented in the survey—report the smallest declines in spiritual health...
Describe the World Bank’s current role and major challenges and opportunities. “What Is the International Monetary System?” discusses how, during the 1930s, the Great Depression resulted in failing economies. The fall of the gold standard led countries to raise trade barriers, devalue their cur...
There is also confusion about what BRICS is aiming for: the reform of international institutions like the UN Security Council, the International Monetary Fund, and the World Bank, all of which have been dominated by Western developed countries since the end of World War II and the establishment...