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Christine Lagarde

China's President Xi Jinping is seen on a big screen in the media centre as he speaks at the opening ceremony of the first China International Import Expo (CIIE) in Shanghai on November 5, 2018. - President Xi Jinping vowed on November 5 to open access to China's economy, while delivering a veiled rebuke to the Trump administration, as he kicked off an import fair amid growing foreign accusations that his government was backtracking on reform pledges. (Photo by Johannes EISELE / AFP)

Xi pledges to open China’s markets wider to an impatient world

President Xi Jinping on Monday pledged to widen access to China's economy, while delivering a veiled rebuke to Trumpism, as he kicked off an import expo amid foreign accusations that he has backtracked on promises to play fair on trade.
Saudi Arabia has brushed off an outcry over the killing of journalist Jamal Khashoggi and went ahead with an investment conference boycotted by Western political figures, leading international bankers and A-list executives. AP

Saudi investment forum opens under Khashoggi shadow

Saudi Arabia has brushed off an outcry over the killing of journalist Jamal Khashoggi and went ahead with an investment conference boycotted by Western political figures, leading international bankers and A-list executives.
Saudi Crown Prince Mohammed bin Salman

Saudi to host ‘Davos in desert’ despite outcry over slain Jamal Khashoggi

Saudi Arabia will host a key investment summit tomorrow, overshadowed by the killing of critic Jamal Khashoggi that has prompted a wave of policymakers and corporate giants to withdraw.
Prince Mohammed bin Salman

Turkey turns up heat on Saudi crown prince over Jamal Khashoggi

Turkey's pro-government media published new claims on Monday linking Saudi Crown Prince Mohammed bin Salman to the death of journalist Jamal Khashoggi after President Recep Tayyip Erdogan vowed to reveal the "naked truth" about the case.

Godwin Emefiele: Why we’re not building foreign reserve buffers

Godwin Emefiele, governor, Central Bank of Nigeria (CBN), has said maintaining stable exchange rate to avoid depreciation of the naira is better than building foreign reserve buffers.

Ifeanyi Emefiele: Stable exchange rate best choice for Nigeria

The Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele, says maintaining stable exchange rate to avoid depreciation of the Naira is better than building foreign reserve buffers.

IMF, World Bank end meetings with call to brace for risks

Global financial leaders wrapped up an annual meeting of the International Monetary Fund and World Bank yesterday, by urging countries to brace for potential risks from trade disputes and other tensions.
The International Monetary Fund (IMF) has urged Nigeria to tighten its monetary policy and strengthen non-oil revenue mobilisation efforts for a stronger economy.

IMF urges Nigeria to tighten monetary policy, boost non-oil revenues

The International Monetary Fund (IMF) has urged Nigeria to tighten its monetary policy and strengthen non-oil revenue mobilisation efforts for a stronger economy.

IMF: Nigeria needs urgent structural economic reforms

The managing director of the International Monetary Fund (IMF), Christine Lagarde, has once again urged the federal government to embark on structural reforms of Nigeria’s economy in order to move the nation forward.
Christine Lagarde

IMF’s Christine Lagarde urges Nigeria to fix ailing refineries

The Managing Director of the International Monetary Fund (IMF), Ms. Christine Lagarde, Thursday advised the federal government to fix the country’s ailing refineries so as to enhance local production of petroleum products and enhance economic activities in the country.
Abiy Ahmed - Ethiopia - AP

Ethiopia’s Abiy Ahmed opens new industrial park in Oromia region

Ethiopia’s latest industrial park is located in the Oromia region – the largest and most populous, and home region of Prime Minister Abiy Ahmed.
Mike Pence - Abiy Ahmed - White House

Mike Pence meets with Ethiopia’s Abiy Ahmed, applauds reforms

U.S. Vice President Mike Pence met with Ethiopian Prime Minister Abiy Ahmed on Friday and praised “the historic reform efforts” undertaken by Abiy since assuming power in April, the White House said in a statement.
American Airlines

Why plane carrying IMF chief made emergency landing in Argentina

An American Airlines plane with International Monetary Fund (IMF) Managing Director Christine Lagarde on board made an emergency landing in the Argentine airport on Sunday due to malfunction, local media reported.
Christine Lagarde

US ‘especially vulnerable’ in trade war – IMF chief

The US economy is “especially vulnerable” to damage from the burgeoning global trade war, which could shave hundreds of billions of dollars off global GDP, IMF chief Christine Lagarde said Wednesday.

Donald Trump keeps his promises on trade

By inflicting tariffs on the steel and aluminum of his allies, and then on tens of billions of dollars in goods from China, US President Donald Trump has quickly moved to fulfill the tough campaign pledges he made on trade.

‘No money for terror’: Federal government monitoring financial inflow – Kemi Adeosun

The Federal Government is monitoring inflow of funds into the country to forestall terrorism funding.

IMF unveils new corruption policy for member states

The International Monetary Fund will systematically address corruption and its impact on economic growth with all its member countries under new guidelines launched on Sunday.

Kemi Adeosun: Nigeria’s debt level under control

In spite of the warning by the International Monetary Fund (IMF) that debt levels in African economies were rising, Minister of Finance, Mrs Kemi Adeosun on Friday said Nigeria’s debt level was still sustainable and under control.

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Presidency: There’ll be no ‘Obi-tuary’ for TraderMoni

Lauretta Onochie, special assistant to the president on social media, has lauded Vice-President Yemi Osinbajo for his commitment towards the TraderMoni scheme, officially called Government Enterprise and Empowerment Programme (GEEP).
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Edo government announces bid for 2020 National Sports Festival

The Deputy Governor, Philip Shaibu, who made the announcement at a press conference in Edo Government House, Benin, said the state was poised to re-enact its prominence in sports.

ICPC set to arraign former OAU lecturer over sex-for-marks scandal

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) is set to arraign a former lecturer of the Obafemi Awolowo University (OAU), Ile-Ife, Richard Akindele, at the Federal High Court, Osogbo, for allegedly demanding sex from one of his students, Monica Osagie, in order to upgrade her academic result from fail to pass.

Another 116 stranded Nigerians return from Libya

The returnees who had tried to proceed to Europe en-route Libya were repatriated from the North African country by International Organisation for Migration (IOM).