IMF
6 Mar
The International Monetary Fund (IMF) has urged the Federal Government to address food insecurity as an immediate priority. The IMF said this in its End-of-Mission statement issued after the completion of the IMF Staff 2024 Article IV Mission to Nigeria in Abuja yesterday.
5 Mar
The International Monetary Fund (IMF) has identified tackling food insecurity as the "immediate policy priority" for Nigeria, following its recent visit by a mission team.
4 Mar
Good morning, Mr President. I know you are battling with a dilemma on how to navigate the imperial cliffs. You boxed yourself into the orbit when you among others helped sell Muhammadu Buhari to the U.S.-led forces of imperialism who were hesitant about his presidency. What I do not know is whether you sufficiently appreciate…
29 Feb
The Incredible Music Festival (IMF) wrapped up with resounding success, leaving a trail of joy and inspiration in its wake. From February 22nd to the 24th, Jos reverberated with creativity as the festival unfolded, drawing artists, musicians, industry professionals, and music enthusiasts from across the region. This year's IMF surpassed expectations, featuring two days of…
28 Feb
Worried by the economic crunch, the Nigeria Labour Congress (NLC), yesterday, cautioned the Federal Government against adoption of economic advisories from the international lending agencies including International Monetary Fund, (IMF) and World Bank.
22 Feb
Academic Staff Union of Universities (ASUU) has blamed the Nigerian government, World Bank and International Monetary Fund (IMF) for the severe economic hardship in Nigeria.
19 Feb
The International Monetary Fund (IMF) has warned Nigeria of a potential 44% inflation rate due to the worsening value of the naira.
18 Feb
The International Monetary Fund (IMF) has called for an increase in current amount of deposit insurance coverage provided by Nigeria Deposit Insurance Corporation (NDIC) to reflect inflation and currency depreciation in the country.
17 Feb
Prof. Bright Eregha, a lecturer of Economics, Pan-Atlantic University, has advised the Federal Government to increase its crude oil export and harness the agricultural prospects to facilitate growth beyond the International Monitory Fund (IMF) projection.
15 Feb
Nigeria’s electricity pricing has remained contentious over the years, as some stakeholders argue that the current pricing model does not effectively cover the costs of generation, transmission, and distribution.
7 Feb
The strategically-placed Indian Ocean nation of the Maldives, which has borrowed heavily from China and shifted allegiance from India, is at high risk of "debt distress," the IMF warned Wednesday.
2 Feb
China's economic slowdown is likely to persist in the coming years as the Asian giant struggles with sagging productivity and a rapidly aging population, the International Monetary Fund (IMF) said Friday.
Latest
NOW
The Federal Government has set up a seven-man committee to investigate the alleged bullying incidents at Lead British International School, Abuja. This was after the government convened an emergency meeting with management of the school following a disturbing video footage of some students bullying others emerged on the social media earlier on Tuesday. "The committee's…
16 mins ago
The pan-Igbo socio-cultural organisation, Ohanaeze Ndigbo, has urged former governor of Anambra State, Peter Obi, to support the 700km Lagos-Calabar coastal road project being executed by the Federal Government. Obi, who was the presidential candidate of the Labour Party (LP) in the 2023 elections, had on Monday said the construction of the Lagos-Calabar coastal highway…
27 mins ago
....as secondary market turnover in FMDQ hits ₦48.9tr Total value of transactions executed by domestic investors outperformed foreign investors patronage by circa 64 per cent as at March 2024. According to the latest Domestic and Foreign Portfolio Investment Report of the Nigerian Exchange Limited (NGX), total domestic transactions accounted for about 89 per cent…
37 mins ago
FOLLOWING the success of its 'Back to School project' at St. Michael's African School, Ipari-Nla, Ogun State, in February, the Angel Foundation has successfully completed another transformative project at the school, which was commissioned on Monday. It renovated and modernised the school's toilet facilities, enhanced hygiene standards for students and teachers alike, as well as…
41 mins ago
Former Central Bank of Nigeria's governor Godwin Emefiele approved the printing of N684.5 million naira with N18.9 billion, the Economic and Financial Crime Commission (EFCC) has said. EFCC made the claim in a new four-count charge filed against Emefiele at the High Court of the Federal Capital Territory. The anti-graft agency's prosecutor Rotimi Oyedepo (SAN)…
56 mins ago
The Managing Director of the Niger Delta Development Commission (NDDC), Dr Samuel Ogbuku, has promised that the commission will now meet on a quarterly basis with stakeholders of the commission to enhance the formulation and sustenance of the Commission's overall strategies for the development of the region. Ogbuku made the promise during an interactive forum…
1 hour ago
The Kogi State House of Assembly, during plenary on Tuesday, has asked the Economic and Financial Crimes Commission (EFCC) to remove the ‘wanted’ tag that it placed on Yahaya Bello, the immediate past governor of the state. EFCC declared Bello alongside Ali Bello, Dauda Suleiman and Abdulsalam Hudu on 19-count charges bordering on money laundering…
2 hours ago
Two Premier League footballers have been arrested over rape allegations. The alleged rape incident is said to have taken place on Friday night. According to UK publication, The Sun, Cops stormed the club’s stadium this weekend and one of the players, aged 19, was spoken to on suspicion of assault and aiding and abetting a…
3 hours ago
The University of Nigeria Nsukka (UNN) on Tuesday suspended Mfonobong David Udoudom, a lecturer in the General Studies division, who was caught in a video allegedly harassing a female student. The university said that the indefinite suspension is with immediate effect pending the outcome of a disciplinary panel constituted to investigate the incident. UNN spokesperson,…
3 hours ago
Davido has reacted to accusations by song producer Napji that he failed to pay his royalties for the production of his songs. Napji alleged he is the brain behind three of Davido’s hit songs. In an “X” post, he disclosed that he produced the songs ‘Jowo’, ’Fem’ and Sunlight In the album' A better time’,…