Even without a single confirmed case, sub-Saharan Africa may be the region hardest hit outside of Asia by the spread of the coronavirus. The outbreak has shut down entire swathes of the Chinese economy, threatening world economic....
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Senate President, Ahmad Lawan revealed on Wednesday that the National Assembly has commenced consultation with the Executive arm of government to enact a fresh version of the Petroleum Industry Bill (PIB) and ensure its immediate passage....
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Nigerians’ hope of a better economic outlook in 2020 may not be realised unless some lingering challenges are addressed and the anxieties about more taxes, unfavorable government policies and....
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As CBN comes hard on telcos extorting banks, customers with USSD Amaechi Ogbonna, and Juliana Taiwo Obalonye, Washington DC. Governor of the Central Bank of Nigeria ( CBN), Mr Godwin Emefiele, yesterday, allayed fears over.....
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The International Monetary Fund has backed Nigeria’s closure of its borders with some neighbouring countries over issues bordering on illegal trade. Mr Abebe Selassie, the Director of the African Department at the....
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The International Monetary Fund (IMF) has cautioned Nigeria and other African countries against their rising level of indebtedness to China, stressing that the non-Paris Club creditors, “create some instability or some.....
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The International Monetary Fund (IMF) on Tuesday projected that Nigeria’s Gross Domestic Product (GDP) growth will remain weak in 2019. The fund stated this in its World Economic Outlook...
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A slow economic recovery is continuing, inflation is falling, and external buffers are declining in the face of increased portfolio outflows. Elevated fiscal deficits rely on central bank financing, which complicates monetary policy......
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After 26 years, the Federal Government has made the proposal to increase the rate of Value Added Tax (VAT) from five per cent to seven point five per cent with effect from.....
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A new report by the International Monetary Fund (IMF) has revealed that global trade uncertainty is rising sharply. The report cited escalating trade tensions between the United States and China as the major cause....
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The Executive Board of the International Monetary Fund (IMF) has adopted an open, merit-based, and transparent process for the selection of the next managing director, the organisation has said.....
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Obinna Chima The Managing Director of the International Monetary Fund (IMF), Ms. Christine Lagarde, yesterday officially notified the Executive Board of the Fund of her....
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The Executive Board of the International Monetary Fund (IMF) has announced the appointment of David Lipton, first deputy Managing director to act as the organisation’s helmsman....
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The Presidency has slammed The Economist and Financial Times with claims that both papers only see the negatives in the administration of President Buhari....
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The International Monetary Fund (IMF) has identified five major threats to Ghana’s on-going economic recovery, which could significantly slow the accelerating growth rate.
The Fund has presented them to government and other stakeholders in the form of a Ghana Risk Assessment Matrix, which...
A member of the Presidential Committee on the North East Initiative (PCNI) Dr. Sidi Ali Mohammed, has disclosed Boko Haram fighters were being paid $3,000 daily....
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Britain’s international development secretary, Penny Mordaunt, has sounded the alarm over rising debt levels in the poorest countries amid fears heavy repayments will jeopardise the fight against global poverty....
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The federal government has given conditions for removal of subsidy on premium motor spirit (otherwise known as fuel) which includes provision of alternative cushioning measures mutually agreed between stakeholders to protect …
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Zainab Ahmed, the minister of finance, says the federal government will implement fuel subsidy removal gradually. Addressing the press on the sidelines of the ongoing spring meetings of the....
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Managing Director of the International Monetary Fund (IMF), Christine Lagarde, has disclosed that Nigeria and ...
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