The managing director of the International Monetary Fund, Christine Lagarde, has stated that the economy of some West African nations, including Nigeria, is not growing at the same rate as its population.
President Muhammadu Buhari on Tuesday identified failure to appropriately manage the country’s numerous resources, corruption, lack of patriotism among others as reasons why the economy went into recession in 2016, first in 30 years.
The International Monetary Fund on Tuesday bumped up its forecasts for global growth, saying an upswing in the world economy was likely to gather pace into next year.
National Leader of the All Progressives Congress (APC), Senator Bola Tinubu, has proposed a seven-point agenda, which he said, would revive the country’s troubled economy and drastically reduce her dependence on petrodollars.
Food prices rose further in September due to higher costs of oils and dairy products, the UN Food and Agriculture Organization said Thursday, with the increases outpacing inflation in many countries.
An economic expert, Uche Uwaleke, has expressed support for the continued decision by the Central Bank of Nigeria to retain the country’s Monetary Policy Rate (MPR).
The International Monetary Fund (IMF) has praised Ethiopia’s economic strides for the year 2016/2017 but has also urged that reforms be undertaken to improve the business climate.
The telecoms regulatory body of the country, Nigerian Communications Commission (NCC), said it has in the last two years, remitted a total of N133,426,062,786 to the consolidated revenue fund of the Federal Government.
The Federal Institute of Industrial Research Oshodi (FIIRO) in Oshodi says it has developed an industrial blueprint that can create five million jobs annually.
The Nigerian Communications Commission (NCC) says it has remitted N133bn to the federation account in two years.
Chelsea head coach Antonio Conte says his players are operating at "70% less this season" because of their heavy playing schedule.
Everton boss Ronald Koeman insists the club's owners' faith in him is unwavering, despite a poor start to the season.
Ugandan police have detained the country's most prominent opposition leader over allegations of attempted murder.
Tech companies including Google, Facebook and Twitter will work with G7 countries to block the spread of extremist content online.
At least three soldiers were killed when Boko Haram fighters ambushed a military convoy in northeast Nigeria, security and civilian sources told AFP on Thursday.
A young protester was shot dead in western Kenya on Monday as hundreds of opposition supporters again took to the streets demanding reforms ahead of a presidential election, witnesses told AFP.
A 50-year-old man and father of seven, Abdullahi Sani, has been arraigned before a Katsina State Senior Magistrates’ Court for allegedly raping a three-year-old daughter of his neighbour to death.
The N500 million libel suit filed by Lai Mohammed, the Minister of Information and Culture, against Olisa Metuh, a former Peoples Democratic Party, PDP, spokesperson, is set to proceed to trial at the Ikeja High Court.
The Kogi State Government has debunked the rumour making the rounds that some unidentified men are infecting children with Monkey pox virus in the name of vaccination.
North Korea is believed to be preparing to launch a ballistic missile ahead of an upcoming joint naval drill by the US and South Korea, a news report said Saturday, citing a government source.