IMF

A notice by Minister of Budget and National Planning, Senator Udoma Udo Udoma and Executive Chairman of Federal Inland Revenue Service (FIRS) Mr. Babatunde Fowler of government’s intention to raise the rate of value added tax (VAT) before the end of 2019 is presently causing ripples among various categories of Nigerians.

Leader of the One Love Family, Satguru Maharaj Ji, has advised all Nigerians to join the ruling All Progressives Congress (APC) as a way of giving President Muhammadu Buhari total encouragement, “in rebuilding the Nigerian state.”

The 41-year-old actor Volodymyr Zelenskiy announced a presidential bid on New Year’s Eve and he has since emerged as the surprise front-runner ahead of incumbent Petro Poroshenko.

Germany’s current account surplus shrank but remained by far the world’s largest in 2018 due to strong exports, according to data from the Ifo Institute on Tuesday that is likely to renew criticism of Chancellor Angela Merkel’s fiscal policies.

Institute of Chartered Accountants of Nigeria (ICAN) have said that the delayed passage of the 2019 budget and slow investment choices that may arise as a result of expectations from the general elections may stall Nigeria’s growth prospects in 2019.

Analysts have presented different possibilities for the Nigerian economy after the February and March elections, with most of them saying that a change in political leadership would most likely inspire hope and engender economic growth.

French economic growth slumped in 2018 as consumer spending tapered off toward the end of the year, the victim of violent anti-government protests that kept many shoppers at home ahead of the holidays, statistics office INSEE said Wednesday.

The lack of women in finance is unfair to women and bad for banks, International Monetary Fund Managing Director Christine Lagarde has said.

The Governor of the Central Bank of Nigeria, (CBN) Mr Godwin Emefiele on Tuesday disclosed that the bank would increase the number of items placed on import restrictions from 42 to 50.

Skirting the first political scandal of his new presidency, far-right leader Jair Bolsonaro will tout a “new Brazil” when he addresses the world’s business elite in Davos on Tuesday.

The dollar held at a near three-week high on Tuesday as investors sought the relative safety of the U.S. currency after the International Monetary Fund cut its forecasts for the world economy in 2019 and 2020.

The International Monetary Fund (IMF) has cut Nigeria’s gross domestic product (GDP) projection for 2019 to 2% from the 2.3% it had predicted previously.

Tunisia’s influential General Labour Union (UGTT) has called for a new nationwide strike in February, raising pressure on the government to increase wages.

Nigeria’s economy, and other sub-Saharan Africa countries, will be home to several of the world’s fastest-growing economies in 2019 according to the International Monetary Fund (IMF).

Nigeria’s 2.1 per cent economic growth projection in 2019 is expected to drive the regional growth forecast of 2.9 per cent, the United Nations report has projected.

Prince Uche Secondus, the National Chairman, Peoples Democratic Party (PDP) says Nigeria has lost one of its most compassionate and humane leaders in the late former President, Alhaji Shehu Shagari.

The Tertiary Education Trust Fund has predicted Nigeria would become the 14th best economy in the world by 2050.

With its Gross Domestic Product (GDP) currently standing at $136 billion, Lagos economy will record four per cent growth in 2019 while the national economy will grow by 2.8 per cent, the International Monetary Fund (IMF) has predicted.