Lagarde says China’s Belt and Road infrastructure programme should only go where debt is sustainable
IMF MD, Christine Lagarde China’s massive Belt and Road infrastructure program should only go where it is needed and where the debt it generates can be sustained, International Monetary Fund…
Rising Debt: We Are No Where Near A Debt Crisis, Says FG
Minister of Finance, Zainab Ahmed The Minister of Finance, Mrs Zainab Ahmed says while government borrows to deliver on its promises, it was also mindful of rising debt burden, which…
Nigeria rebuffs IMF, insists on multiple forex exchange rates
Nigeria’s current policy of multiple exchange rates for its currency, the naira, is working well, and the central bank is unlikely to change it anytime soon, the government’s information minister…
Disregard Unproductive Advice – Oil Unions Urge Buhari
Workers in the oil and gas sector on Sunday advised President Muhammadu Buhari to shun any counsel that would destabilise or cause chaos in the economy. The Nigeria Union of…
Technological advancement Will Foster Africa’s Economic Growth, Reduce Poverty — World Bank
The digital transformation of Africa will foster economic growth and reduce poverty the World Bank Vice-President for Africa, Mr Hafez Ghanem, has said. Ghanem expressed the view on Saturday at…
Petroleum Subsidy: NLC Cautions FG Against Implementing IMF’s Recommendation of Removal
The Nigerian Labour Congress (NLC) has cautioned the Federal Government against implementing the recommendation of the International Monetary Fund (IMF) on the removal of subsidy on petroleum products in the…
Fuel Subsidy: FG To Implement Gradual, Successful, Sustainable Removal – Finance Minister
The Minister of Finance, Zainab Ahmed says the Federal Government will look into gradual removal of fuel subsidy as part of strategy to boost revenue. Ahmed said this on Thursday…
IMF Expresses Concern Over Nigeria’s Ability to Pay Back Rising Debt
The International Monetary Fund, has expressed worry over Nigeria’s ability to repay its foreign debt which had continued to rise. Though it said conditions were favourable for the country to…
IMF Says Nigeria’s Economy Improving, Welcomes Ongoing Economic Recovery
The International Monetary Fund (IMF) says the Nigerian economy is recovering with increased Gross Domestic Product (GDP) in 2018 and falling inflation at the end of 2018. The Executive Board…
Nigeria’s 2.1% Economic Growth to Spur W/Africa’s 2019 Forecast- UN
 Nigeria’s 2.1 per cent economic growth projection in 2019 is expected to drive the regional growth forecast  of 2.9 per cent, the United Nations report has projected. The…