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The World Bank President Jim Young Kim has said that 100 million people fall into poverty each year while 400 million others around the world lack...
A total of $10 billion foreign currencies have so far gone through Investor Window into the Nigerian economy since the window was introduced six months ago,...
Nigeria delegation to the 2017 IMF/World Bank Group Annual Meetings has asked the World Bank Group and the International Monetary Fund (IMF) to scale up the...
Federal government may divest its stake in Electricity Distribution Companies and also persuade Disco owners to sell part of their stake to new investors. Indication to...
President of the World Bank Dr. Jim Kin has bluntly said that Nigeria needs to invest in its people. Answering a question posed by Nigeria on...
Vice President Yemi Osinbajo has said that the approvals he granted to the NNPC while he was Acting President were for financing arrangements for the Joint...
There are strong indication that there may be oil deposit in Yobe. The Nigerian National Petroleum Corporation, NNPC, hinted of a possible discovery of crude oil...
International Monetary Fund IMF has commended the federal government on its economic reforms and commitment to building infrastructure. It however warned against unsustainable external borrowing. IMF...
World Bank President Jim Kin has urged countries to invest more on their people. Speaking at the opening session of the 2017 IMF/World Banking Group Annual Meetings...
The Nigerian National Petroleum Corporation, NNPC has said it had engaged investors to establish a refinery in Akwa Ibom State. Speaking at the Petroleum and Natural...
Performance of the Nigerian Equities market was dragged by profit taking as the All Share Index (ASI) slid 34 basis points to 36,652.82 points while the...
The House of Representatives has resolved to investigate the alleged importation of seven ship-loads of Genetically Modified (GM) maize by Olam Group into the country. This...
The Calabar Port Manager, Mrs Olufumilayo Olotu, has given an assurance that the much anticipated dredging of the Calabar Channel will begin in a few weeks....
For the second successive year, Nigeria has won the Ideas for Action initiative, a youth competition on financing for development, which is yearly organised by the...
The World Bank Group has said that Nigeria pulled out of a five-quarter recession and South Africa emerged from two consecutive quarters of negative growth. This...