The President of the African Development Bank (AfDB), Akinwumi Adesina, has warned that non-transparent resource-backed loans are impeding the economic …
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CBN Governor Announces Fresh $600m Boost to Nigeria’s FX Reserves Amidst Naira Appreciation
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced that the country’s foreign exchange reserves have …
Read More »Nigeria’s Inflation to Drop to 23% by 2025: IMF Forecasts Economic Growth
The International Monetary Fund (IMF) has forecasted a substantial decrease in the country’s inflation rate to 23 percent by 2025. …
Read More »IMF Reappoints Kristalina Georgieva as Managing Director for Second Term
The International Monetary Fund (IMF) has reappointed Kristalina Georgieva as its managing director for a second five-year term, beginning October …
Read More »CUPP Condemns Electricity Tariff Hike: “Anti-People, Lazy Policy”
The Coalition of United Political Parties (CUPP) has strongly criticized the recent increase in electricity tariffs, describing it as an …
Read More »NLC and TUC Issue Strike Threats Over Electricity Tariff Hike in Nigeria
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have threatened to take strike actions in response to …
Read More »Experts Oppose IMF’s Push for Complete Removal of Electricity Subsidy: A Nigerian Perspective
Financial experts have voiced their opposition to the International Monetary Fund’s (IMF) call for the complete removal of electricity subsidy …
Read More »IMF Warns Nigeria’s Tinubu: Maintain Fuel and Electricity Subsidies, Face N7 Trillion Cost in 2024
The International Monetary Fund (IMF) has cautioned Nigeria’s President Bola Tinubu that maintaining fuel pump price caps and electricity tariffs …
Read More »Obanikoro Urges Tinubu to Clarify Petrol Subsidy Status in Nigeria
Former Minister of State for Defence, Musiliu Obanikoro, has called on President Bola Tinubu to clarify the current status of …
Read More »IMF Urges Nigerian Government to Prioritize Food Insecurity Reduction
The International Monetary Fund (IMF) has recently stated that the Nigerian government should prioritize tackling food insecurity as its immediate …
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