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Hundreds of Jordanians have protested in the capital Amman against the government's planned tax increases and high unemployment rates. Reuters

Anti-tax protests resume in Jordan as new government seeks dialogue

Hundreds of Jordanians have protested in the capital Amman against the government's planned tax increases and high unemployment rates.

Egypt asks World Bank, IMF to include informal sector in GDP

Egypt’s Central Bank wants the World Bank and International Monetary Fund to include the country’s informal sector in their gross domestic product figures.
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.

IMF approves $3.7 billion credit for Angola

International Monetary Fund (IMF) approves $3.7 billion credit to Angola

IMF approves $3.7 billion loan for oil-rich Angola

The International Monetary Fund says it has approved a three-year loan of about $3.7 billion for Angola, which seeks to diversify its economy and curb corruption after a new president took office last year.

IMF puts global debt at $180 trillion

The International Monetary Fund (IMF) has put the global debt at $180 trillion, warning highly indebted emerging-markets and low-income countries against what it termed pro-cyclical fiscal policies.
VTB

Russian bank mistakenly gives $12 billion loan to Central African Republic

Central African Republic landed a windfall on Tuesday, at least on paper, when Russian state bank VTB reported it had lent the country 12 billion dollars.
Nigeria Stock Exchange

Stock market: Foreign investors pulled out N44 billion in September

Following sell pressure in the Nigerian stock market arising from growing political tension and security challenges in the country, foreign investors pulled out about N43. 78 billion from the local bourse last September.

The wrong way to defend the naira

The Central Bank of Nigeria has injected over $10.97bn, into the Forex Market between January and October this year, to defend the Nation’s currency, the Naira, against other major currencies, including the dollar.” (See Punch Newspaper report of November 18th 2018 titled “CBN Defended Naira with $11bn in 10 months”).
Tunisian civil servants staged the biggest general strike in five years on Thursday after their powerful trade union failed to secure wage hikes in tense negotiations with the government.

Tunisian civil servants stage largest strike in years

Tunisian civil servants staged the biggest general strike in five years on Thursday after their powerful trade union failed to secure wage hikes in tense negotiations with the government.

Federal government urged to use borrowed funds on infrastructure development

Dr Titus Okunronmu, a former Director of the Central Bank of Nigeria (CBN), on Sunday advised the Federal Government to use borrowed funds to develop infrastructure.

Economist tasks federal government on transparency in revenue generation

An economist, Prof. Ndubuisi Nwokoma, has called on the Federal Government to ensure transparency in revenue generation toward boosting revenue and reducing borrowings.

IMF warns Nigeria on rising debt service

The International Monetary Fund (IMF) has cautioned the Federal Government to be mindful of the country’s rising debt service to revenue ratio and take steps to mitigate the situation.

IMF: Nigeria to grow by 1.9% due to fewer disruptions in oil production

The International Monetary Fund (IMF), says Nigeria is expected to grow by 1.9 per cent in 2018, up from 0.8 per cent in 2017, mostly owing to fewer disruptions in oil production.
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.

AfDB: China forcing African firms out of business

African Development Bank, AfDB, has expressed concern that many African owned firms are forced to drop out of the market due to unfair competition from Chinese companies.

Foreign reserves shed $2.2 billion in October

The slow and steady depletion of the nation’s foreign reserves has been described as a frightening development that should be arrested with effective fiscal strategies.

Egypt reaches agreement with IMF on next $2 billion loan payment

Egypt has reached an agreement with the International Monetary Fund on release of the next $2 billion loan installment, the fifth under the country's three-year aid programme, the IMF announced on Wednesday.

Recent Stories

2019: Niger PDP receives over 2,000 decampees from APC, ADP

Barely three days after Niger state governor Alhaji Abubakar Sani Bello officially flagged off his re-election campaign, no fewer than 2,000 members from the ruling All Progressive Congress (APC) and the Advanced Democratic Party (ADP) in Niger South senatorial district have joined the Peoples Democratic Party (PDP).
The Ekiti State Deputy Governor, Chief Bisi Egbeyemi, has appealed to the people of Isaba-Ekiti in Ikole Local Government Area of Ekiti State to maintain peace over the vacant kingship stool.

Ekiti government warns land officials against dirty deals

Deputy governor of Ekiti State, Otunba Bisi Egbeyemi, has warned officers in charge of land allocation in the Ministry of Land, Housing and Urban Development, against illegal land deal that could cause chaos among the people.
Ovie Ejaria

Steven Gerrard: Ovie Ejaria hasty in Liverpool return

Former Nigeria U17 invitee Ovie Ejaria may have been singing Hosanna in the highest following cut short loan deal and return to parent club Liverpool, but Rangers manager and Liverpool great Steven Gerrard believes the decision is not the best for the 21 year old.
MUHAMMADU BUHARI 1

Muhammadu Buhari presents N8.83 trillion budget for 2019 to National Assembly

President Muhammadu Buhari on Wednesday unveiled a federal budget of N8.83 trillion for the 2019 fiscal year.

Muhammadu Buhari: Alex Badeh’s murder sad, unfortunate

President Muhammadu Buhari has described the killing of former Chief of Defence Staff, Air Chief Marshal Alex Badeh (rtd) as “very sad and unfortunate.”