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IMF Endorses CBN’s Policy Initiatives To Grow Economy

The International Monetary Fund (IMF) has reiterated its support for the Central Bank of Nigeria’s (CBN’s) sustained tight monetary policy and other measures being implemented to stabilize the Nigerian financial system and improve the nation’s economic growth. The support was expressed by the multilateral financial institution’s  Chief Economist and Director of Research Department, Gita Gopinath, […]

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Again, IMF Revises World Economy Outlook Down To 3%

The International Monetary Fund on Tuesday downgraded further its outlook for the world economy, predicting that growth this year will be the weakest since the 2008 financial crisis primarily because of widening global conflicts. The Breton Woods institution hinges its latest forecast on the raging U.S-China trade wars as well as other threats in the […]

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Gates Foundation Identifies Inequality As Threat To SDGs’ Attainment

……says about 500m people still lack access to basic health, education The Bill & Melinda Gates Foundation on Tuesday launched its 3rd Annual Goalkeepers Data Report, which reflected that while progress on health and development continues unabated, global inequality remains a major barrier to achieving the U.N. Sustainable Development Goals (SDGs). Goalkeepers Data Report is […]

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Malami Clarifies FG’s Negotiation With P&ID Over Debt Judgment

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, on Sunday told journalists that the Federal Government was negotiating with Process and Industrial Developments Ltd  (P& ID) over the Gas Supply Processing Agreement (GSPA) debt judgment because the timeline to appeal the judgment, first delivered in 2014, had lapsed. A United Kingdom court […]

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Nigerian Returnees From S/A To Get Soft Loans, Other Incentives

The Federal Government on Thursday promised to provide hundreds of Nigerians returning from South Africa following rising incidents of xenophobic attacks in the country soft loans to be provided by the Bank of Industry (BOI) to support those interested in small trade and businesses. The Chairman and Chief Executive Officer (CEO) of the Nigerians in […]

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Research Is Key To Growing Nigeria’s Agric Sector – Minister

Nigeria’s Minister of Agriculture and Rural Development, Alhaji Mohammed Sabo Nanono, on Tuesday identified agricultural research as crucial to ongoing efforts to grow the country’s agriculture sector and by implication, achieve food security for all. He  made the remarks when a delegation from Bill and Melinda Gates Foundation, led by the Deputy Director, Agricultural Development, […]

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Tecno Mobile Launches Youth-Friendly CAMON 12 Air Smartphone

Tecno Mobile, a global leading mobile phone company, has launched new smartphones Camon 12 Air with upgraded camera to unlock a new image era of innovative shooting performances. Described as one of the most remarkable camera devices, the latest smartphone from the  company’s stable, is coming with the initiative Dot-in Display and 16MP+2MP+5MP AI Max […]

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Kenyan Govt To Prosecute Billionaire, Others Over Alleged Tax Evasion

Kenya’s Director of Public Prosecution, (DPP) Noordin Haji, has ordered the immediate arrest and prosecution of Humphrey Kariuki, the owner of Wines of the World Limited (WoW) and Africa Spirits Limited alongside eighth other accomplices over allegations of KSh 41 billion tax evasion. According to a news report by, Kariuki and the other eight […]

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UK Targets New Investments In Nigeria, Ghana Others

The United Kingdom is revving up its investment drives in Nigeria and other Africa countries, including Francophone countries, as its planned exit from the European Union (EU) continues to gain traction by the day A statement from the Foreign and Commonwealth Office on Tuesday showed that the Foreign Secretary, Jeremy Hunt, is visiting Francophone Senegal, […]