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...
*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...
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...
Nigeria has proposed a Bilateral Air Services Agreement (BASA) with Cuba to boost economic relations between both countries. Nigeria’s Ambassador to Cuba, Ms Laraba Bhutto said...
Federal Government has given the Federal Inland Revenue Service (FIRS) a N4.21 trillion revenue target for 2014, the Acting Executive Chairman of the Service, Alhaji Kabir...
Director of Economic Affairs, African Union Commission Dr Rene Kouassi said industrialisation policy of African countries must align with integration process of the continent to ensure...
Weekly transactions on the Nigerian Stock Exchange (NSE) opened on Monday on downward trend with the All-Share Index depreciating marginally by 0.49 per cent. The Index...
The Transmission Company of Nigeria (TCN) says it need 7.7 billion dollars to expand and improve the power situation in the country. The TCN Managing Director,...
Federal Government has canvassed for foreign investors in the transmission of the electricity supply chain to address the infrastructure deficit in the sector. The electricity supply...
The Industrial Development Corporation (IDC) of South Africa said in Abuja that it was prepared to invest in the Nigeria’s Mining and Forestry sectors. Mr Ashely...
Mr. Fola Daniel, Commissioner for Insurance had a chat with journalists recently. In the chat, he disclosed the reforms the Commission has embarked on in order...