sector
Nigeria’s economy grows by 30% after GDP recalculation, incorporating digital services and informal sector
Nigeria's economy has experienced a significant transformation following a comprehensive recalculation of its Gross Domestic Product (GDP), leading to a 30% increase in...
UK government plans to ban public sector bos from paying ransoms to cybercriminals
The UK government has announced plans to prohibit public sector organizations and operators of critical national infrastructure—including the National Health Service (NHS), local...
Malta’s National Statistics Office reports a 25% increase in tourist arrivals during the first four months of 2025
Malta's tourism sector has experienced a significant surge in 2025, with the National Statistics Office (NSO) reporting a 17.4% increase in inbound tourist...
EU Approves Brasserie Nationale’s Acquisition of Boissons Heintz with Conditions to Preserve Competition
The European Commission has granted conditional approval for Brasserie Nationale's acquisition of Boissons Heintz, two of Luxembourg's leading beverage distributors. The deal, executed...
China’s Belt and Road Initiative boosts Cuba’s energy sector with 55 solar parks in 2025, aiming to meet two-thirds of island’s daytime power needs
China's Belt and Road Initiative (BRI) has significantly bolstered Cuba's energy sector by supporting the installation of 55 solar parks across the island....
China’s BYD to start assembling electric cars in Brazil
Chinese electric vehicle (EV) manufacturer BYD has commenced production at its new plant in Camaçari, Bahia State, Brazil, marking a significant milestone in...
U.S. Retail Sales Increase, Indicating Continued Consumer Confidence
The U.S. retail sector has demonstrated notable resilience, with consumer spending continuing to drive economic growth despite various challenges. In March 2025, retail...
Tech Sector Growth Boosts Economic Forecasts, Yet Geopolitical Tensions Raise Caution Among Investors Globally.
The global technology sector is experiencing significant growth in 2025, contributing positively to economic forecasts. In the United States, tech spending is projected...
China is fast-tracking the consolidation of its financial sector to rival Western banking giants
China is accelerating the consolidation of its financial sector, aiming to create globally competitive institutions capable of rivaling Western banking giants. This strategic...
EKEDC Blames Lagos Power Woes on Faulty 330kV Transmission Lines
The Eko Electricity Distribution Company (EKEDC) announced yesterday that the ongoing poor power supply in Lagos stems from a fault on the 330kV...
