Economy
Debt, suicide, fraud: South Koreans hit by real estate scams
For a decade, Park Hyeon-su lived in a windowless micro-apartment in Seoul, working double shifts and saving every penny for a deposit on a nice home. To repay his original bank loan, Choi took out high-interest credit card loans and sold off his stocks, working gruelling shifts in restaurants and living on cheap food to save cash.
World's island states meet to confront climate, fiscal challenges
Extremely vulnerable to climate change, not rich enough to stop it on their own, and not poor enough to depend on aid and development financing: the world's small island countries are bracing for both fiscal and climate shocks.
China Premier Li meets Samsung boss, vows to help foreign firms
China's Premier Li Qiang said his country will always be open to foreign companies and promised steps to boost their confidence in the world's second-largest economy, state media reported.
Most Asian markets rise as traders eye US inflation
Most Asian markets rose Monday, tracking a bounce on Wall Street at the end of a painful week for investors, with eyes now on the upcoming release of key US inflation data. Focus is now turning to the release on Friday of the US personal consumption expenditures (PCE) index, which is the Fed's preferred gauge of inflation.
Dollar supply rise as CBN issues new rules to black market traders on street FX trading, naira gains
The Nigerian foreign exchange market recorded an increase of more than 200 per cent, leading to the naira's appreciation in the official forex market.
Nigeria may be headquarters to Africa Energy Bank, FG to invest $100 million in shares
The Nigerian government has approved a $100 million investment in class A shares in the soon-to-be-launched $5 billion Energy Bank as four other countries also vie
FG approves N110 billion Youth Startups, new businesses in Nigeria to grow and employ
The Nigerian government has earmarked N110 billion for Youth Startups and new businesses to accelerate growth and employment in the startup ecosystem.
GDP: Mining & quarrying, agriculture lead top 10 major economic sectors in Nigeria in Q1 2024
Legit.ng highlights the major economic sectors in Nigeria in the first quarter of 2024, according to a recent report by the National Bureau of Statistics (NBS).
G7 ministers cite 'progress' but no deal on Russian assets for Ukraine: draft statement
G7 finance ministers said on Saturday they were making "progress" in finding ways to use profits from frozen Russian assets to help Ukraine, according to a draft statement from a summit in Italy.
Economy
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