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The Office for Budget Responsibility (OBR) said the world’s fifth-biggest economy appeared to have flat-lined or possibly contracted in the second quarter, some of which was probably “pay-back” after Brexit-related stock building in early 2019.
African leaders last weekend named Ghana as the host of the future headquarters of the continental free trade zone which is expected to unite 1.3 billion people, and create a $3.4 trillion economic bloc that would usher in a new era of development.
The EU wants to have an agreed European candidate to replace Christine Lagarde at the helm of the International Monetary Fund (IMF), a senior EU official on Monday said.
With the signing of the African Continental Free Trade Area (AfCFTA) agreement by President Muhammadu Buhari at the opening of the African Union (AU) Summit yesterday in Miami, Niger, Nigeria has joined the AfCFTA.
Guinea Bissau has been plunged into a power vacuum after the president's term ended on Sunday without a government in place despite the naming of Aristides Gomes as prime minister.
Zimbabwe’s interim currency fell to a new low on the black market on Thursday and local firms were demanding payment in U.S. dollars as a hedge against inflation, which is running at its highest in a decade.
Managing Director of the International Monetary Fund (IMF), Christine Lagarde, has said that investment in social insurance was a key to achieving a stronger global economy, saying societies across the world must begin by strengthening social programmes.
The world’s top financial policymakers admitted Sunday that trade tensions had worsened, posing a risk for the global economy, after a G20 meeting that laid bare differences between the United States and other nations.
Ongoing trade war between the United States (U.S.) and China over tariff hike could slash global economic output by 0.5 per cent next year, the International Monetary Fund (IMF) warned yesterday. The warning is coming ahead the meeting of global finance leaders in Japan this weekend.
Some financial experts have urged the Federal Government to pursue policies that would accelerate infrastructural rehabilitation and development as well as help tackle rising unemployment and population.
A study by the International Monetary Fund (IMF) has found shockingly that U.S. tariff revenue collected from levies on Chinese goods “has been borne almost entirely by U.S. importers and passed on to American consumers.
Hon. Tunde Olatunji, a member of Osun State House of Assembly, has warned the Federal Government against listening to the suggestions by the International Monetary Fund (IMF) to remove oil subsidy.
National Emergency Management Agency (NEMA), on Monday accused members of the Shiite group, Islamic Movement of Nigeria, of burning down two ambulances at the Agency’s Emergency Response and Ambulance Bays (ERABs) in Abuja.
Activities on the nation’s bourse opened for the week on Monday on downward posture, with crucial market indices shedding 0.40 per cent.
The Federal Government has revealed that the new minimum wage of N30,000 is yet to be implemented in full across the board in the Federal Civil Service because of unrealistic demands of the labour unions.
Abba Kabir-Yusuf, the Peoples Democratic Party (PDP) candidate in the March 23 Governorship election in Kano State, on Monday, tendered 241 exhibits before the state Governorship Election Petition Tribunal.
The Federal Government on Monday in Abuja affirmed its readiness to deploy biogas for electricity generation in the country.
One of the 13 suspects, Ibrahim Abdullahi, who abducted the traditional head of Daura, Magajin Daura, Alhaji Musa Umar, has disclosed that they were trained in Libya, adding that they demanded $30 million ransom for his release.
While Newcastle reportedly prepare to make Steve Bruce their next manager, the Magpies will try to wrap up their first purchase of the summer window.
Socio-Economic Rights and Accountability Project (SERAP) has sent a petition to Mrs. Fatou Bensouda, Prosecutor, International Criminal Court (ICC), urging her to use her “good offices to investigate whether the problem of out-of-school children in Nigeria, and the failure of the Nigerian authorities over the years to address it amount to violence against children and crimes against humanity within the jurisdiction of the ICC.”
Super Eagles’ midfielder Alex Iwobi has hailed the Super Eagles’ third place finish at the 2019 Africa Cup of Nations (AFCON), saying it was a great achievement for a young team.Guinea, Burundi
Rivers State Deputy Governor Dr. Ipalibo Harry Banigo, has reiterated the State Government’s determination to totally terminate terror attacks on the state’s marine corridor.