economic

Surge in newcomers putting pressure on inflation via housing demand: BoC official

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Surge in newcomers putting pressure on inflation via housing demand: BoC official

The recent surge in newcomers is adding to inflation through housing demand, a senior Bank of Canada official said Thursday, warning rental and home prices could continue to rise without a boost to housing supply. In a speech in Windsor, Ont., deputy governor Toni Gravelle acknowledged many of the benefits coming from this rise in immigration, … Read more

Nigeria has sufficient manpower for economic development

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Nigeria has sufficient manpower for economic development

President Bola Tinubu says Nigeria has the requisite and sufficient manpower to spur development across all sectors of the economy. Receiving a report titled, ‘Industrialisation, Energy Security, and Climate Change: Issues, Challenges and Prospects,’ submitted by the Senior Executive Course 45 of the National Institute for Policy and Strategic Studies (NIPSS), in Abuja, on Friday, … Read more