Nigeria’s annual inflation rose in September to its highest level in about two decades at 26.72%, amid a worsening cost-of-living crisis. According…
Category:
Economy
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The International Monetary Fund (IMF) says it is playing an active role in mediating on the debt debacle facing some countries. The…
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African Medical Centre of Excellence (AMCE Abuja) established by Afreximbank, has held its inaugural board meeting in Cairo, Egypt on October 6,…
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President Bola Tinubu has approved the appointment of new Chief Executive Officers of several agencies and parastatals under the Federal Ministry of…
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The World Bank is bolstering its collaboration with nine Multilateral Development Banks (MDBs) to fast-track solutions that can change the lives of…
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EconomyFinanceNews
CBN lifts ban on 43 items denied access to forex, plans to boost liquidity in foreign exchange market
Central Bank of Nigeria CBN has lifted the ban previously placed on 43 that were denied access to foreign exchange market. The…
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EconomyFinanceNews
Nigeria, other Africa debts to China not principal contributor to regions high debt—IMF
International Monetary Fund has said that five countries, Angola, Kenya, Zambia, Cameroon, and Nigeria mostly resource intensive, account for 55 percent of…
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Otunba Francis Meshioye, President, Manufacturers Association of Nigeria (MAN), has charged government to make comprehensive and concerted efforts to overtake the binding…
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World Bank President Ajay Banga; IMF Managing Director Kristalina Georgieva; Kingdom of Morocco Minister of Economy and Finance Nadia Fettah; and Bank…
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International Monetary Fund IMF in its new global economic growth forecast has said that Nigeria economy is projected to grow from 2.9…
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EconomyFinanceNews
World Bank explores expanding loan guarantees for private financing, Banga faces pressure on resources, shareholder schisms
The World Bank on Monday said it is looking at ways to expand the guarantees it provides for commercial loans to boost…
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The Federal Government has temporarily suspended the N-Power Programme of the Federal Ministry of Humanitarian Affairs and Poverty Alleviation to give way…
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The National Emergency Management Agency (NEMA) has alerted Nigerians to expect flood in nine states as Cameroon began the release of water…
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Managing Director International Monetary Fund (IMF) Ms Kristalina Georgieva has said that a prosperous world economy in the 21st century requires a…
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Nigeria Customs Service (NCS), the Federal Operations Unit, Zone A, Ikeja, said it intercepted eight trailer loads of foreign parboiled rice and…