If Nigeria must come out of recession and benefit from recent reforms, it must embrace increased structural adjustment, the International Monetary Fund, IMF, has said. The...
Nigeria’s Minister of Finance, Mrs Kemi Adeosun, has accused western powers of frustrating efforts by the nation in addressing its power challenges. Adeosun, who spoke in...
The International Monetary Fund (IMF) has handed down harsher conditions for Nigeria to meet before being bailed out of its present economic recession. This was disclosed...
Apparently bowing to various pressures, Nigerian government has resolved to shun foreign loans in preference to sourcing about N2.23 trillion through internal sources for funding the...
Two months after the government of Angola (Africa’s biggest oil producer) broke off talks with the IMF over emergency funding; President José Eduardo dos Santos has...
Jolted by the outcry over slow implementation of the 2016 budget, Nigeria’s government is said to have intensified search for funds with which to executive a...
After the much celebrated declaration of the Nigerian economy as the largest in Africa and 26th in the world, South Africa has pushed the country back,...
The recent prediction by the International Monetary Fund (IMF) that the Nigerian economy is heading towards recession falls in line with forecasts made by many analysts...
The International Monetary Fund, IMF, has painted a further grim picture for the Nigerian economy, saying it will contract in 2016. This, the fund said is...
The Academic Staff Union of Universities (ASUU) has taken a look at the overall performance of the President Muhammadu Buhari-led administration, and concluded that it has...
Blomberg…History is repeating itself in Nigeria, where the more President Muhammadu Buhari is urged to devalue the naira, the more he digs in his heels. Investors...
The Federal Government has rejected the International Monetary Fund (IMF) offer to loan Nigeria money. A statement from the federal ministry of finance stated that Finance...
In from Ali Smart . . . August visitors hardly visit in August and so it was with Ms. Christine Largarde, the Managing Director of the...
Managing Director of the International Monetary Fund (IMF), Ms. Christine Lagarde, who arrived Nigeria on Monday on a four day official visit is to meet with...
Nigeria may still go borrowing in 2016 to shore up its revenue, and finance its budget as the International Monetary Fund (IMF) Thursday predicted that crude...
In from Success Allantee . . . Rwanda and Uganda have become the first East African countries to become members of Africa Finance Corporation (AFC), bringing...
To survive the global crash in crude oil prices, African countries whose economy are tied to the sale of the product will need to address fuel...
The African Development Bank (AfDB) has announced plans to institute a $200 million Partial Risk Guarantee (PRG) to support coal-to-power investment in the country. This is...
