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International Monetary Fund

Nigeria’s external debt rises by 163 per cent between 2015 and 2019

FOLLOWING a second attempt by the Nigerian President Muhammadu Buhari to obtain approval from the National Assembly for  $30 billion dollars loan earlier rejected...
Lukman ABOLADE -

Despite Nigeria border closure, Benin Republic maintains strong economy-IMF

THE International Monetary Fund (IMF) has disclosed that the Republic of Benin has maintained a strong economic performance despite Nigeria’s closure of the land...
Jennifer UGWA -

Nigeria rakes in over USD $25bn dollars in export value, spends close to $10bn on imports within eight years in West- Africa

NIGERIA is considered the largest economy in Africa with a Gross Domestic Product change rate of 1.9 per cent in 2018 and projected to...
Jennifer UGWA -

IMF advises Nigeria to remove fuel subsidy at the time state govts still owe many months’ salaries

CHRISTINE Lagarde, managing director of the International Monetary Fund, has advised Nigeria and other countries who subsidise fuel to stop. Addressing the press on Thursday...
Rebecca Akinremi -

Oxfam report: Nigeria ranks 157 out of 157 countries in inequality scale

Nigeria is the least among 157 countries on social spending, tax and labour rights. This was contained in a report released on Tuesday at...
Amos ABBA -

FG Will Not Devalue Naira, Says Osinbajo

Following growing call for it to take action, the federal government on Thursday announced that it will not devalue the naira, despite the instability...
Editorial -

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Breaking News

Anambra election: Journalists demand security for media houses

JOURNALISTS have demanded beefed-up security for media houses in Anambra State ahead of the November 6 governorship election in...
Health and Environment

Handwashing: How Nigeria squandered success before COVID-19 – UNICEF

NIGERIA blew away a chance to make at least 30 per cent of its citizens have access to handwashing...
News

FG declares Tuesday public holiday to mark Eidul-Mawlid

THE Federal Government has declared Tuesday, October 19, 2021, a public holiday to mark this year’s Eid-ul-Mawlid celebration in...
Data Stories

Food prices on the increase despite inflation dropping to 16.63% in September

THE Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) on Friday revealed that inflation rate,...
Business and Economy

Nigeria needs modern policies to stimulate financial inflows -DG, LCCI

THE newly-appointed Director-General of the Lagos Chamber of Commerce and Industry Chinyere Almona has said that Nigeria needs modern...
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ICT/Telecoms

Nigerian fintech companies shame, threaten customers for late payment of loans

YETUNDE Adewole lost her phone in June. She got...
Business and Economy

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Featured News

Why UAE refuses work permit applications from Nigerians

  THE on-going rift between the governments of Nigeria and...
Big Investigation

Pandora Papers: How Pastor David Oyedepo set up family offshore company in tax haven 

By Nicholas IBEKWE Wealthy and flamboyant, Mr Oyedepo recently said...
Big Investigation

Unending Crisis: How herders invaded Plateau community in reprisal attack despite military presence

Since the early 2000s, Plateau State has witnessed several...
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