At the just-concluded IMF/World Bank Spring Meetings, the Minister of Finance and the Coordinating Minister of the Economy Dr. Okonjo-Iweala and the Acting Governor of the...
The International Monetary Fund has said that member countries must embark on government spending reforms stating that in many countries, public finances remain on edge as...
Nigeria got a total of $21 billion as home remittances flows from Nigerians living abroad in 2013. This puts the country as the fifth largest recipient...
Fitch Ratings, a UK based rating firm has re-affirmed Nigeria’s Long-term foreign and local currency debt repayment default (IDR) at ‘BB-‘ and ‘BB’, respectively. The...
The International Monetary Fund has said that member countries must embark on government spending reforms stating that in many countries, public finances remain on edge as...
Managing Director International Monetary Fund Mrs Christine Lagarde yesterday said that if there are proven cases of corruption against any country not just Nigeria, it will...
World Bank President, Jim Yong Kim yesterday at the ongoing IMF/World Bank Spring Meetings restated that Nigeria is one of the top five countries that has...
The challenge facing Nigeria today is not being tackled at the roots. It seems the symptoms are what those in position of authority are chasing...
*Says 22-35% high interest rate threat to NIRP *IMF says rates are declining in other economies *Private sector crowded out of borrowing A drop in interest...
Nigeria’s nominal Gross Domestic Product, GDP, now stands at $509.9 billion, making the nation’s economy the largest in Africa and the 26th in the world, according...
Standards Organization of Nigeria has approved Dangote 3X latest brand of Portland cement, saying it meets requirements for constructing residential and commercial homes. Lagos State Bricklayers...
Director for Economic Affairs, Commission of the African Union (AU) Dr Rene N`Guettia says there is need for Africa to adopt a common currency to ensure...
Director-General of Debt Management Office DMO, Dr Abraham Nwankwo has said that infrastructure deficit and unimplemented policies by various countries were responsible for poor industrialization in...
The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, has explained why Nigeria did not sign the trade liberalisation agreement being pushed forward by the...
The Board of Directors of Zenith Bank Plc yesterday announced the appointment of Peter Amangbo as the Managing Director designate. He is to replace Godwin Emefiele...