Economy

April 27, 2018

Nigeria Update: World Bank Group’s shareholders okay $13b for subsidiaries

A fresh hope of more development financing for middle and lower income countries, including Nigeria, has been raised, as the World Bank Group’s shareholders overwhelmingly approved […]
April 23, 2018

World Update: Merkel, Mexican president hail benefits of free trade

German Chancellor Angela Merkel and Mexican President Enrique Pena Nieto, who both face trade tensions with US President Donald Trump, on Sunday praised an EU-Mexico deal […]
April 23, 2018

Nigeria Update: IMF worried about Nigeria’s ability to service external loans

The International Monetary Fund (IMF) has expressed concern over Nigeria’s ability to service its external loans estimated at over $18.9billion, given its mono-product economy status and […]
April 19, 2018

Nigeria Update: IMF warns of rising threats to global financial system

The International Monetary Fund (IMF), has warned that increasing debts in global economies, especially in emerging markets and low income economies like Nigeria are at higher […]