Remote work has transformed how we work. Presently, a skilled professional in Lagos, Abuja, Enugu, or Kano is able to service clients and companies in the U.S., UK, Canada, Europe, and the rest of the world from home. What is most...
The job market around the world has transformed over the past ten years. We see that technology, migration, remote work, population changes, and economic shifts are the forces which are behind the fastest-growing job markets. Also, today it is a different...
Innovation is at the core of what is transforming modern economies. Around the world, countries are always in search of what will improve their industries, increase productivity, and better the lives of their people. From the age of machines which characterized...
Economic recovery is more than just getting back to pre-panic times. It is a large-scale issue of re-establishing confidence, restoring productivity, creating jobs, and stabilizing financial systems, which we see play out at different speeds for different economies. Some recoveries are...
The world is seeing a very different picture of what work is today. In the recent past, millions of people left behind the idea of full-time jobs and took up instead very flexible forms of work which very much depend on...
Work is at a transformation point today that has not been seen in recent history. Across the globe, technology, worldwide connection, demographic shifts, and what we as a workforce want are causing changes in how people make a living and how...
Startups today are the driving force behind the world’s economic transformation. In all regions, we see the rise of innovative young companies which bring in novel technologies and out-of-the-box solutions to everyday issues. These greenfield players are not only fighting for...
Tourism is a very large component of the world economy. Each year, we see millions of people travel for vacation, business, study, and culture. They stay in hotels, eat in restaurants, use transit services, shop for local products, and see sites....
Digital transformation is at the core of what is shaping today’s business. Around the world, companies are adopting technology to rework how they run, serve their customers, and compete in very dynamic markets. What we saw as a slow transition to...
Global trade has been a primary force for economic growth from the beginning. We see in it a way for countries to focus on what they do best, which in turn gives companies access to bigger markets and also presents consumers...
Economic inequality is a result of the uneven distribution of money, wealth, and economic chances between individuals, groups, and countries. In other words, it is the difference between the haves and the have-nots. We see this in wage gaps, property ownership,...
International players in the field of economics are key shapers of the present global economy. We see in these entities the coming together of groups of countries which, in turn, establish these institutions for the purpose of fostering cooperation, maintaining economic...
Currency values, which are in a state of change in relation to each other, are what we see in currency fluctuations. These changes play out in the foreign exchange market, which is a place where currencies trade hands constantly at the...
In the modern age, we are seeing the global energy system transform in what may be the greatest shift of our time. For over a generation, the world’s economies have looked to fossil fuel sources, which include coal, oil, and natural...
Climate change is out there mainly as an environmental issue but also as an economic one. We see that high temperatures, changes in rain patterns, more intense storms, and rising sea levels are playing a role in how people live and...
Oil has been at the core of what is important and what has influence in the world for over a century. From its use in transportation and industry to its role in global trade and manufacturing, oil plays a key role...
Wars, through which we see political aspects, human struggle, and suffering, also have large-scale economic implications. When blood is shed in some area of the world, it is from a very small pool of countries’ perspectives that we see that play...
Europe, for a very long time, has been home to some of the world’s most influential economic regions. It also happens to be the stage for some of the largest industrial economies, major financial centers, and advanced manufacturing systems the continent...
The U.S. is still the preeminent economic player in the world today. While other global powers are on the rise, the U.S. economy continues to influence international markets, drive innovation, and shape financial systems across the globe. From the strength of...
In the past few decades, China has risen to become a key player in global trade. We see that from home consumer electronics to large-scale industrial machinery used all over the world, many products are made in China or contain Chinese...
Daily, we see the movement of large volumes of products around the globe which make it into consumers’ hands. From the food on our tables to the smartphones in our pockets, these goods travel through supply chains. In normal circumstances, these...
In recent decades, we have seen great change in the global economic picture. Once out of the loop in terms of global trade and investment, many of these countries are now at the center of economic growth and development. We see...
Technology is at the wheel of the modern global economy. We see in smartphones and artificial intelligence, to digital payment systems and cloud computing, examples of how technology is transforming what businesses do, how we work, and how we as members...
Inflation is a term which we see often in news reports, but it is the everyday person who feels it first. At its basic definition, inflation is the general increase over time in the prices of goods and services, which in...
The global economy is in a state of constant evolution due to technological change, policy decisions, geopolitical events, and what may be called the shift in consumer trends. Also, in recent years, we have seen these changes play out in a...
The present time marks a significant shift in the global economy. For some time, we have been in the wake of a global pandemic, which also brought about levels of inflation not previously seen in recent history. We are now in...
Work is transforming globally. Across the world, which is seeing the advent of new technology, shifts in economic focus, and changes in lifestyle, traditional 9-to-5 jobs are no longer the only route to a career. Many workers are now in very...
In the past few years, Nigeria’s creative sector has transformed from a mostly informal setting into what is now one of the country’s most dynamic economic players. What was, until recently, looked at mainly as entertainment is now a very large-scale...
Global issues are part of the system that ties together economies of different countries, which trade goods, services, capital, and information across borders. In the present time, no economy is a closed-off entity; what happens in one part of the world...
Northern Nigeria is a key player in the economic space of the country, contributing through its large land mass, great population, and wide array of natural and human resources. Stretching over many states that have different climates and cultures, the region...
