Category : Search result: informal economy


Lagos to Regulate Informal Spaces Under New Plan

Lagos State Government announces decisive steps to regulate informal spaces like road setbacks and under-bridge areas. Commissioner Dr. Oluyinka Olumide outlines plan for safety and sustainable urban growth. Read more.

How the Average Nigerian Makes a Living

Discover how most Nigerians survive through multiple income streams, informal jobs, and creative hustle. Learn about real salaries, from ₦70K minimum wage to MTN's high pay.

Nigeria Expands SIYB Training to Fight Unemployment

Nigeria's Labour Ministry and the ILO have certified over 25 new SIYB trainers to boost entrepreneurship and tackle unemployment, informality, and underemployment, especially among youth and women.

Nigeria risks losing maritime race to Indonesia

Nigeria is falling behind Indonesia in the blue economy race, warns Maritime Innovations Hub CEO Ronke Kosoko. Urgent investment and action are needed to close the gap. Read more.

German Factory Orders Rise More Than Expected

German industrial orders surged 1.5% in October, far exceeding forecasts. The rise, driven by defence procurement, signals a potential bottom for Europe's largest economy. Read the full analysis.

NHIA, HFN Set 2026 Target for Health Insurance Scale-Up

Nigeria's NHIA and private sector leaders target 2026 to enroll millions from the informal sector into health insurance. Success hinges on digital tools, enforcement, and rebuilding public trust. #HealthInsurance #UHC

Nigeria's 15% maritime GDP triggers PPP push

Nigeria's low 15% maritime GDP contribution sparks urgent PPP drive to unlock N22.12 trillion blue economy potential through fisheries, tourism and port modernization.

German experts cut 2026 GDP forecast to 0.9%

German economic experts criticize the government's €500bn spending plan, warning it will provide only a minor boost to the struggling economy. They have cut the 2026 GDP growth forecast to 0.9%. Read more for the full analysis.

German Factory Orders Decline in June 2024

Germany's factory orders unexpectedly fell in June 2024, raising concerns about Europe's largest economy. Latest data shows manufacturing sector struggles continue.

Xi Jinping meets South Korean leader after APEC summit

Chinese President Xi Jinping held crucial talks with South Korean President Yoon Suk Yeol following the APEC summit, signaling strengthened bilateral relations and economic cooperation between the Asian powerhouses.

Swiss Bank Profits Soar with Gold Price Surge

The Swiss National Bank reports staggering profits driven by soaring gold prices and favorable foreign exchange rates, marking a significant turnaround for the central bank.

NGX Gains ₦285BN as Market Stages Impressive Comeback

The Nigerian Exchange Limited staged an impressive recovery, adding ₦285 billion in market capitalization as banking and insurance stocks led a bullish charge, reversing previous losses and signaling renewed investor confidence.

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