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Amine Mati

IMF: Nigeria needs total implementation of economic plan

The Senior Resident Representative and Mission Chief for Nigeria Africa Department, International Monetary Fund (IMF), Amine Mati, has called on the federal government to begin the in earnest the implementation of the Economic Recovery and Growth Plan (ERGP) in order to achieve a higher economic growth this year.

Kemi Adeosun seeks more technical, institutional support for West African economy

For quicker economic development, the Minister of Finance, Mrs. Kemi Adeosun, on Tuesday called for more technical and institutional support from the Africa Regional Technical Assistance Center West 2 (AFRITAC West 2) for West African countries.

Nigeria’s economy still weak – IMF

The International Monetary Fund (IMF) has said although Nigeria is said to have exited recession, the economy still remains largely vulnerable.

Tax holiday policy to reduce companies relocation and closure – Olatunji Babatunde

Mr Olatunji Babatunde, a union leader, has advised the Nigerian Government to sustain its tax holiday policy by ensuring that its implementation is adequately monitored to forestall corrupt practices.

International Monetary Fund advises Nigeria to stop tax holidays

The International Monetary Fund has advised the Federal Government to urgently revisit tax holidays and exemptions given to companies. It specifically urged Nigeria to implement a reform that would see it phase out tax holidays and exemptions eroding the Company Income Tax base.

IMF raises concerns over weakness in Nigerian banks

The International Monetary Fund on Tuesday expressed concerns over weaknesses in Nigerian banks and said that the situation might weigh on economic growth in the medium term.

Threats to Nigeria’s economic recovery high – IMF

The International Monetary Fund has predicted that the Nigerian economy will be out of recession this year with growth of 0.8 per cent though it says risks to the recovery remain high.

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Governors El-Rufai, Dickson drum support for restructuring

The Bayelsa State Governor Seriake Dickson Monday met with his Kaduna State counterpart, Mallam Nasir el-Rufai at the Government House, Kaduna.

Governor Wike, Bishop Kukah differ on how to entrench democracy in Nigeria

Governor Nyesom Wike of Rivers State and Most Rev. Matthew Hassan Kukah, the Bishop, Catholic Diocese of Sokoto, on Monday disagreed on the best way to entrench and consolidate democracy in Nigeria.

American based company set to invest over $10 billion in coastal rail line

Shah Mathias, the Founder of Ameri Metro Inc, based in the United States, said on Monday that the company was ready to invest over $10 billion in the coastal rail project from Lagos to Calabar and Calabar to Port Harcourt.

DHQ: Troops kill 35 militia herdsmen in Benue, Taraba, others

The Defence Headquarters says 35 militia herdsmen have been neutralized, while one soldiers paid the supreme price and another one missing in the “Operation Whirl Stroke’’ in Benue, Nasarawa, Taraba and Zamfara states.

Oby Ezekwesili: Nigerians deserve right to quality leadership

The Convener of the Red Card Movement and onetime Education Minister, Mrs Obiageli Ezekwesili, says Nigerians deserve the right to enjoy quality leadership and good governance.