Tag: income growth
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Stanbic IBTC Posts 69% Profit Jump in 2025 Earnings
Overview: A Strong Earnings Rebound for Stanbic IBTC in 2025 Stanbic IBTC Holdings Plc delivered a striking earnings rebound in 2025, underscoring a robust balance sheet and resilient revenue streams. The group reported a 69% year-on-year increase in profit after tax (PAT), rising to about N380.8 billion from N225.3 billion in 2024. This jump reflects…
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Why Some UK Towns Are Outpacing the Rest in Disposable Income Growth
Overview: A Regional Surprise in Disposable Income New research from the Centre for Cities reveals a striking regional shift: disposable incomes in eleven towns and cities across the UK have risen at roughly twice the rate of the national average over the last decade. Notable names on the list include Warrington, Barnsley and Wakefield, with…
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Indonesia Accelerates Village Cooperatives to Strengthen Tourism Impact
Reinforcing Tourism Through Village Cooperatives Indonesia is accelerating a practical, on-the-ground strategy to amplify the benefits of travel and tourism for rural communities. By promoting the establishment of village cooperatives, the government aims to channel tourism growth into sustainable income streams for local residents. This initiative, a collaboration between the Ministry of Tourism and the…
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When State Affordable Housing Misses the Mark and What International Law Says About Ocean Access Wars
Introduction: Two pressing, intertwined issues Many countries face a dual challenge: providing affordable housing for low- and middle-income families and navigating the complex geopolitics of access to vital trade routes. In some regions, ambitious government housing schemes deliver fewer benefits than expected, while discussions about sea access for landlocked nations draw attention to lasting effects…
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Wealthsimple Raises $750 Million at $10 Billion Valuation to Accelerate Growth
Wealthsimple Secures $750 Million Equity Round to Accelerate Growth Wealthsimple, Canada’s leading financial innovator, announced an equity round of up to CAD 750 million at a CAD 10 billion post-money valuation. The financing, consisting of a CAD 550 million primary offering and a secondary up to CAD 200 million, is led by Dragoneer Investment Group…