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He spoke on Thursday at an online roundtable event titled ‘Debt Relief for a Green and Inclusive Recovery in Nigeria?’ organised by the Heinrich Böll Foundation and the Centre for the Studies of the Economies of Africa (CSEA).
Pope Francis yesterday urged the International Monetary Fund (IMF) and the World Bank to cut the debt burden of poor countries hit by the economic impact of the COVID-19 pandemic and give their governments a greater say in global-decision-making.
Debt experts, charity groups and investors welcomed news on Wednesday that the world’s poorest countries will get new IMF funds and COVID-19 debt relief, but they also cautioned that for some it would still only be a band-aid solution.
The International Monetary Fund (IMF) has urged countries in Sub-Saharan Africa to do more domestically to increase tax revenues and improve the quality of spending.
Against the backdrop of a pandemic impacted global and national economies, the International Monetary Fund (IMF) and World Bank have urged fiscal authorities to execute flexible and supportive fiscal policies to support economic recovery and cushion the long-term impact of the pandemic.
Finance ministers of G-20 countries have approved an extension of debt relief for the world’s poorest nations till December 2021.
President Muhammadu Buhari yesterday urged Nigerians in all professions to embrace digital technology in order to take advantage of the enormous opportunities presented by the Fourth Industrial Revolution, towards achieving economic growth and sustainability.
President Muhammadu Buhari has urged members of the Institute of Chartered Accountants of Nigeria (ICAN) to buy into current reforms undertaken by his administration and provide support in the area of policy formulation with a view to improving the nation’s fiscal condition.
The International Monetary Fund said on Tuesday the world economy could recover faster than expected in 2021, revising its January projection up by 0.5 per cent points to 6 per cent.
The Director General of the World Trade Organisation (WTO), Dr, Ngozi Okonjo-Iweala, has reiterated that a rapid global and equitable vaccine roll-out would be the best stimulus for a strong and sustained economic recovery for the global economy.
Top Democrats on the Senate Finance Committee on Monday proposed major shifts in former President Donald Trump's 2017 tax reforms to eliminate what they say are incentives for companies to move operations overseas and shift profits to tax haven countries.
World Bank president David Malpass says G-20 countries may extend debt service suspension till December.
The Kogi State Commissioner for Works and Housing, Engr Abubakar Ohere, says the 2023 Presidency will be about harnessing Youth creativity and energy towards resetting the Nigerian Nation. Engr Ohere made the disclosure during his...
The Director-General/Chief Executive, Small and Medium Enterprise Development Agency of Nigeria (SMEDAN), Dr. Dikko Umaru Radda, has assured that its furniture cluster park, currently under construction at the Industrial Development Centre (IDC), Idu, Abuja, will on completion in 2021, enhance the competitiveness of micro, small and medium scale enterprises (MSMEs) in the country and boost efforts to diversify the economy.
The All Progressives Congress, APC, has reacted to Governor Nyesom Wike’s reactivation of a special security Command, Control, Communications, Computers And Intelligence (C4i) established by his predecessor, Rotimi Amaechi, in Rivers State.
The Speaker of the House of Representatives, Rep. Femi Gbajabiamila, and the new Speaker of the Ghanaian Parliament, Mr. Albert Bagbin, have agreed to strengthen parliamentary relations in a bid to find lasting solutions to challenges such as the trade dispute involving some Nigerian traders in Ghana.
When India’s government last month asked refiners to speed up diversification and reduce dependence on the Middle East - days after OPEC+ said it would maintain production cuts - it sent a message about its clout and foreshadowed changes to the world’s energy maps.
A Civil Society Organisation, CSO, Yiaga Africa, Wednesday, expressed worry, kicked and called for the amendment of the controversial Companies and Allied Matters Act 2020.
Global trade is set to grow by eight percent in 2021, the World Trade Organization (WTO) said Wednesday, stressing that the route out of the Covid-19 crisis rested on the rapid rollout of vaccines.
The Northwest zonal executive committee congress of the Peoples Democratic Party (PDP) in Kaduna, headquarters of the North West was disrupted Saturday following a clash between major contenders.
Governor Adegboyega Oyetola of Osun State has described his Borno State counterpart, Prof. Babagana Zulum, as a man of strong character and conviction who is determined to carry on despite the daunting security challenges in his domain.
President Muhammadu Buhari has appointed Ambassador Rabiu Dagari as Director-General of the Directorate of Technical Cooperation in Africa (DTCA).
Senator representing Plateau South in the National Assembly, Professor Nora Dadu’ut, has appealed to the federal government to support victims of the recent fire incident that engulfed the famous Namu Central Yam Market in Qua’an Pan Local Government Area, of Plateau state which led to the loss of food products and other valuables worth millions of naira.
The Bauchi State Police Command has arrested suspected kidnappers, cattle rustlers and bandits for wreaking havoc on residents of Nabordo and Duguri in Toro and Alkaleri local government of the state.
Two mobile police officers were shot dead by some gunmen, Monday night, while on duty at a checkpoint in Dogongawa, along KatsinaAla-Takum road in Takum Local Government Area of Taraba State.
President Muhammadu Buhari has rejoiced with the Itsekiri nation on the announcement of a new Olu of Warri, as pronounced by the Iyatsere of Warri Kingdom.
GlaxoSmith Kline (GSK), in collaboration with Save the Children, has donated N20 million worth of Medical Oxygen facilities to Rasheed Shekoni Specialist Hospital, Jigawa State.
The United Nations High Commission for Refugees has said that the rising violence and armed attacks in parts of the country was displacing more Nigerians.
Chief Olabode George, a former Deputy National Chairman of the Peoples Democratic Party (PDP), on Monday said he will not dignify Ayo Fayose, former governor of Ekiti state with a response over his recent interview.