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The International Monetary Fund (IMF) has approved the removal of the age limit for the position of IMF managing director, paving the way for Kristalina Georgieva to head the multilateral lender.
Nigeria is set to establish a government-driven national donor coordination mechanism to ensure that external financing is maximised for the good of the country, Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said on Wednesday.
Sudan needs $8 billion in foreign aid over the next two years to cover its import bill and help rebuild its ravaged economy after months of political turmoil, its new prime minister said on Saturday, according to Reuters report.
Iranian President Hassan Rohani has sent a bill to parliament that would cut four zeroes from the value of the country's battered currency, the rial.
The recent onshore discovery made in the Delta de la Cuvette deposit in the Republic of Congo is a game-changer for Congo and Africa. The discovery was announced on August 10th by SARPD Oil and PEPA, a Congolese consortium working as operators on the Block.
The Executive Board of the International Monetary Fund (IMF) has adopted an open, merit-based, and transparent process for the selection of the next managing director, the organisation has said.
Telecommunications firm, MTN, has notified the Nigeria Stock Exchange of a substantial change in its board structure. Pioneer board chair, Pascal Dozie, is stepping down along with five other directors.
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.
The Debt Management Office (DMO) has revealed that the President Muhammadu Buhari-led administration inherited a debt of $63.81 billion when it came into power in 2015.
The immediate past Chairman of the Federal Inland Revenue Service (FIRS), Tunde Fowler, said he did nothing wrong in handing over the management of the tax revenue agency to the Coordinating Director, Domestic Taxes Group, Abiodun Aina.
Senate Minority Leader, Hon. Ndudi Elumelu from Delta State. on Monday in a motion canvassed for adherence and respect to the concept of separation of powers as enshrined in the laws of Nigeria.
Donald Trump on Tuesday paid $2 million in damages as part of a settlement overuse of his former charity to further his political and business interests — the latest item on the US president’s list of legal woes.
Nigerian First Lady Aisha Buhari has alleged that Mamman Daura, a nephew of President Muhammadu Buhari, had used a presidential media aide to try and destabilise the First Family.
The Rice Farmers Association of Nigeria (RIFAN) has urged the federal government to sustain its current border closure, saying it would help boost the economy.
Ten days after the Confederation of African Football announced the list of players nominated for the 2019 African Player of the Year, the governing body for African football, yesterday, pruned the list of candidates.
Crystal Palace manager Roy Hodgson is unruffled with the speculation surrounding Wilfried Zaha, insisting the club has no intention of selling him.
The Civil Defence, Correctional, Fire and Immigration Services Board, CDCFIB, has approved the suspension of seven senior officers and one junior personnel of the Nigerian Correctional Service over the unfortunate electrocution of 5 inmates of the Medium Security Custodial Centre, Lagos in order to facilitate unfettered investigation into the said incident.
Anthony Joshua would not be drawn on his future plans after regaining his world heavyweight titles from Andy Ruiz on Saturday.