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IMF First Deputy Managing Director David Lipton

IMF: ‘Storm clouds’ gathering over global economy

One of the International Monetary Fund’s top officials warned on Tuesday that `storm clouds’ were gathering over the global economy.
Arunma Oteh

Arunma Oteh leaves World Bank

Ms. Arunma Oteh, a former Securities and Exchange Commission (SEC) DG and current World Bank vice president, will leave her position at the Bank to join Oxford University as an academic scholar.

Ex-Minister Adeosun jets out to London

Barely 24 hours after she resigned her appointment as Finance Minister, Mrs. Kemi Adeosun, has traveled to London to cool off and map out the next phase of her life.

Bureaux de Change want Chinese Yuan for customers

The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the CBN to approve Renminbi (Yuan) disbursements to its members to deepen the China-Nigeria Swap deal.

Central bank reform divides Senate

The Senate was on Wednesday divided over the process the budget of the Central Bank of Nigeria (CBN) constitutionally passes before approval.

Afreximbank urges enterprises to engage factoring to solve cash flow difficulties

The African Export-Import Bank (Afreximbank) has urged African enterprises to make use of factoring to take advantage of the opportunities for expanding the continent’s regional value chains.

Recent Stories

INEC dumps David Umaru as Niger East APC senatorial candidate

The Independent National Electoral Commission (INEC) has finally dumped Senator David Umaru as the All Progressives Congress (APC) candidate for Saturday’s National Assembly elections.
The Acting Inspector General of Police, Mohammed Adamu, has ordered vehicular restriction from 6am – 6pm tomorrow 16 February during the election.

IGP Adamu: Snatch ballot box and face grave consequence

The acting Inspector General of Police (IG), Mohammed Adamu, Tuesday in Abuja, echoed President Muhammadu Buhari, threatening that anyone who engages in ballot box snatching during Saturday’s poll will face the music.

Ex-Governor Uduaghan: I’m not aware I have case in court

Following the recent judgement of a high court that declared the Delta South senatorial candidate of the All Progressive Congress, Dr Emmanuel Uduaghan’s nomination a nullity, the former governor has disclosed that he was not aware of having a case in court.

Four killed, eight injured as rival cult groups clash in Delta

No fewer than four persons have been killed and eight others sustained gunshot injuries in a clash between two rival cult groups in Delta State.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Elections: INEC, Police dragged to court over restriction of movements

An activist, Chief Malcolm Omirhobo, on Tuesday urged a Federal High Court in Lagos to declare as unlawful, the restriction of vehicular and people’s movements during elections.