The Nigerian Council of Registered Insurance Brokers (NCRIB) on Tuesday urged the Federal Government to inject fresh ideas into the running of the nations’ economy. […]
AfDB board approves 7 years integration strategy for Central Africa
The Board of the African Development Bank (AfDB) has approved Regional Integration Strategy Paper (RISP) from 2019 to 2025 for Central Africa. Mr Chawki Chahed, […]
Economists urge incoming NASS to pass PIGB to sustain growth momentum
Some economists have urged the incoming National Assembly to carry out the reforms embedded in the Petroleum Industry Governance (PIGB) Bill to unlock its huge […]
IMF cautions Nigeria, others on China loans
The International Monetary Fund (IMF) has cautioned Nigeria and other developing countries from taking loans from China due to unfavourable loan conditions. Mr Tobias Adrian […]
AfDB President calls on U.S. businesses to investment more in Africa
Speaking at a high-level dialogue in Washington D.C. on the sidelines of the World Bank-IMF Spring meetings, the President of the African Development Bank, Akinwumi Adesina, said “It is […]
World Bank forecasts Kenya’s economy to grow by 5.7% in 2019
The World Bank has projected Kenya’s economy to grow by 5.7 per cent in 2019, down from estimated growth of 5.8 per cent in 2018, […]
World Bank cuts Sub-Saharan Africa growth forecast to 2.8%
The World Bank has cut its growth forecast for Sub-Saharan Africa for the year to 2.8 per cent from an initial 3.3 per cent, it […]
World Bank to partner private sector in Anambra for economic development
The World Bank says it plans to step up facilities that will create jobs and promote economic development among the private sector in Anambra State. […]
East Africa records highest GDP of 5.7% in 2018–AfDB
The African Development Bank (AfDB) says economic growth in East Africa has recorded the highest GDP among other regions on the continent. The statement released […]
Dangote refinery will reduce Nigeria’s dependence on imported fuel by $2bn – IMF
The International Monetary Fund (IMF) has noted that the oil refinery being developed by Dangote Industries Limited will increase Nigeria’s annual trade balance by $2bn. […]