A fall in Nigeria’s currency value has affected the prices of commodities in the market, writes Gerald Nwokocha, 28, a Correspondent from Abuja, Nigeria, as he examines the impact of and solutions to the issue. Official exchange rates at the Central Bank of Nigeria and the black market exchange rates differ. The slogan in the market place now …
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By Faith Manthi The Commonwealth Youth Council (CYC) is a a youth-led organisation that aims to advance the youth development agenda, to ensure a relevant, vibrant, effective, and prosperous Commonwealth in the 21st century and beyond. This can only be achieved through mainstreaming young people into the work of the Commonwealth. The CYC partners with Commonwealth …
Do young people have a role in trade & development? Read More »
Nigeria has been experiencing its first recession in 20 years. Jonathan Ugiagbe, a Commonwealth Correspondent alumni from Benin in Nigeria, examines the prospects for a recovery and some of the ways to achieve the turn around. An improved economy would be driven by policies aimed at boosting produçtivity, improved budgetary allocation to capital expenditure, and …
The state of the Russian economy depends on the role of its exports – especially oil, writes Enitan Damilola Temidayo, 23, a Correspondent from Nigeria now studying in Moscow, as he looks at the impact of low world oil prices and economic sanctions. Economic growth between 1999 and 2008 was strongly influenced by the continuous uptrend …
Transportation facilitates trade, writes Aura Whittier, 17, a Correspondent from San Juan, Trinidad. Trade exists within, between and among economies, yet none of this is possible without transportation. It is no secret that the transportation systems in most Caribbean islands are inadequate. While citizens do complain, and governments do sometimes try to address the issue, not …
Chinese aid flowing to Africa in the form of development and business deals has a controversial edge, writes Swapnil Mishra, 21, a Commonwealth Correspondent from India, currently studying in the United States. In the year 2010, China’s foreign minister of that time paid a visit to a small village called Yoni, the birth region of …
An international visit from London’s mayor gave Faisal Saleh Yaqub, 25, a Commonwealth Correspondent from Lahore in Pakistan, opportunity to reflect on peace and cooperation as well as trade and investment. Recently, the mayor of London, Sadiq Khan, made a historic trip to India and Pakistan, on a tour that visited six cities in six days with …
The Brexit vote could usher in a new trade opportunity for the Commonwealth, writes Muhammed Badamasi, 22, a Correspondent from Lagos in Nigeria, who calls for the issue to be discussed at this months’ CHOGM. In June 2016, Britain conducted a referendum where British citizens decided on the fate of Britain’s continued membership in the European …