Minimum Wage Europe
As you can see from the above, Nigeria’s minimum wage is nothing compared to that of countries in Europe. The lowest figure for the past three years from the above is 174 euros (Bulgaria in 2014), which is 5.5x that of Nigeria while the highest figure for the past three years is 1922.96 (Luxembourg in 2015 and 2016) 60x that of Nigeria.
How Quantitative Easing works
Quantitative easing is an unconventional monetary policy used by a central bank to introduce new money to the current money supply. The usual process is for the central bank to purchase securities such as government bonds.
Multinational Enterprises and their type of Investments
A multinational company or enterprise is one which owns or controls production facilities or subsidiaries or service facilities outside the country in which it is based. A company does not become “multinational” simply by virtue of exporting or importing products: ownership and control of facilities abroad is involved.