The International Monetary Fund has said that member countries must embark on government spending reforms stating that in many countries, public finances…
Category:
Economy
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BusinessEconomyNews
IMF will not fund any program with Nigeria if there are proven cases of corruption
Managing Director International Monetary Fund Mrs Christine Lagarde yesterday said that if there are proven cases of corruption against any country not…
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World Bank President, Jim Yong Kim yesterday at the ongoing IMF/World Bank Spring Meetings restated that Nigeria is one of the top…
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*Says 22-35% high interest rate threat to NIRP *IMF says rates are declining in other economies *Private sector crowded out of borrowing…
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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…
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Standards Organization of Nigeria has approved Dangote 3X latest brand of Portland cement, saying it meets requirements for constructing residential and commercial…
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Director for Economic Affairs, Commission of the African Union (AU) Dr Rene N`Guettia says there is need for Africa to adopt a…
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Director-General of Debt Management Office DMO, Dr Abraham Nwankwo has said that infrastructure deficit and unimplemented policies by various countries were responsible…
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The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, has explained why Nigeria did not sign the trade liberalisation agreement being…
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Nigeria has proposed a Bilateral Air Services Agreement (BASA) with Cuba to boost economic relations between both countries. Nigeria’s Ambassador to Cuba,…
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Federal Government has given the Federal Inland Revenue Service (FIRS) a N4.21 trillion revenue target for 2014, the Acting Executive Chairman of…
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EconomyNews
African countries must align Industrial policies with continent’s integration process – Economist
Director of Economic Affairs, African Union Commission Dr Rene Kouassi said industrialisation policy of African countries must align with integration process of…
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The Transmission Company of Nigeria (TCN) says it need 7.7 billion dollars to expand and improve the power situation in the country.…
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Federal Government has canvassed for foreign investors in the transmission of the electricity supply chain to address the infrastructure deficit in the…
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The Industrial Development Corporation (IDC) of South Africa said in Abuja that it was prepared to invest in the Nigeria’s Mining and…