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Equatorial Guinea’s leader Teodoro Obiang Nguema Mbasogo, the world’s longest-serving president, should declare his assets before the nation receives more financial support, according to the International Monetary Fund.

IMF wants world’s longest-serving ruler to declare his assets for a bailout

Equatorial Guinea’s leader Teodoro Obiang Nguema Mbasogo, the world’s longest-serving president, should declare his assets before the nation receives more financial support, according to the International Monetary Fund.

Central bank: 40 per cent of foreign credits in Nigeria’s economy dangerous

The Central Bank of Nigeria (CBN) has revealed that 40 per cent of the total credits available in the economy, especially in the capital and money markets are from foreign holdings.
Hassan Rouhani said Sunday Iran extends its “hand of friendship and brotherhood” toward cooperating with regional nations.

Iran unveils budget of ‘resistance’ against US sanctions

Iran’s President Hassan Rouhani on Sunday presented to parliament what he called a “budget of resistance” against crippling sanctions imposed by arch-enemy the United States.

US court acquits Lebanese businessman in Mozambique fraud scandal

Bribery accused Lebanese businessman Jean Boutsani was on Monday acquitted by a US court in a case that plunged Mozambique into its worst-ever financial crisis following a trial which he implicated the country's president, Filipe Nyusi.

ASUU: No going back on our rejection of IPPIS

The Academic Staff Union of Universities (ASUU) said on Wednesday there is no going back on its rejection of the Federal Government’s Integrated Payroll and Personnel Information System (IPPIS).

ECB chief tells Europe to ‘innovate and invest’

Christine Lagarde on Friday urged European countries to “innovate and invest” more to support growth at a time of global uncertainty, in her first major policy speech as president of the European Central Bank.
Timo Olkkonen, the EU’s ambassador in Harare, told acting foreign affairs minister July Moyo and his team at the start of the talks that reforms and inclusive political dialogue would also help with Zimbabwe’s economic recovery.

EU expresses worry over political developments in Zimbabwe

The European Union is concerned that the democratic space in Zimbabwe has deteriorated since it opened talks with Harare in June for the first time since 2001 in a bid to turn the page on years of hostile relations.
The International Monetary Fund (IMF) has backed Nigeria’s closure of its borders with some neighbouring countries over issues bordering on illegal trade.

IMF agree lending programme with DR Congo

The International Monetary Fund and Democratic Republic of Congo’s government agreed on Friday to a financial assistance package that would allow the IMF to resume lending to Congo for the first time since 2012, the two sides said.

Nigeria on steady economic growth – central bank chief

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, said on Monday that Nigeria’s economic outlook remained positives despite the current global uncertainties.

ECB President Christine Lagarde resumes office

A new era was beginning at the European Central Bank (ECB) on Friday as Christine Lagarde takes over from Mario Draghi at the head of the central bank managing the euro, the currency of the 19-member eurozone.
The International Monetary Fund (IMF) has backed Nigeria’s closure of its borders with some neighbouring countries over issues bordering on illegal trade.

IMF urges Lebanon reforms as protesters keep up pressure

The International Monetary Fund on Monday said Lebanon should urgently implement reforms to restore confidence and economic stability as protesters kept up the pressure on politicians they accuse of corruption by setting up new road blocks.
The International Monetary Fund (IMF) has backed Nigeria’s closure of its borders with some neighbouring countries over issues bordering on illegal trade.

IMF: Unemployment fuels unrest in Arab states

Unemployment and sluggish economic growth are fuelling social tension and popular protests in several Arab countries, the International Monetary Fund said Monday.
President of the African Development Bank (AfDB), Dr Akinwunmi Adesina, has said that Nigeria needs to evolve a more effective tariff structure in order to achieve steady electricity supply.

Akinwumi Adesina: I don’t believe in youth empowerment

The President of the African Development Bank, Dr Akinwumi Adesina, has disagreed with many who believe in youth empowerment. He said that youth investment is the only key to unlock the envisioned potentials of youth.
A participant at the recent International Monetary Fund-World Bank Annual Meetings held in Washington DC, United States has been diagnosed with chickenpox.

Official: Participant at IMF/World Bank meetings diagnosed with chickenpox

A participant at the recent International Monetary Fund/World Bank Annual Meetings held in Washington DC, United States has been diagnosed with chickenpox.
The Minister of Interior, Ogbeni Rauf Aregbosola, says that the loyalty of Nigerians to the country is non negotiable.

Nigeria’s borders must be protected – minister

Interior Minister Rauf Aregbesola has said the loyalty of Nigerians to the country is non-negotiable.

Stress test: Nigerian banking sector remain strong – central bank governor

The Governor of Central Bank of Nigeria, Mr Godwin Emefiele on Sunday said that the Nigerian banking sector is strong in spite of the fact that some banks failed its stress test.

Lebanese protesters vow to stay in the streets

Anti-austerity protesters vowed to stay in the streets across Lebanon for a fifth straight day on Monday.
The International Monetary Fund (IMF) has backed Nigeria’s closure of its borders with some neighbouring countries over issues bordering on illegal trade.

IMF: Nigeria’s border closure hurting Benin, Niger economies

The International Monetary Fund (IMF) has said the sustained closure of the Nigerian land borders is hurting economies of Benin Republic and Niger Republic.

Recent Stories

The Minister of Communications & Digital Economy, Isa Pantami, has signed a MoU on behalf of Federal Government with Tech giant, International Business Machines (IBM) West Africa, for partnership & collaboration in area of Digital Skills in Nigeria

Federal government signs MoU with IBM for digital skills development

The Minister of Communications and Digital Economy, Dr Isa Pantami, has signed a Memorandum of Understanding (MoU) on behalf of the Federal Government with Tech giant, International Business Machines (IBM) West Africa, for partnership and collaboration in the area of Digital Skills development in Nigeria.
Kola Ologbondiyan

PDP, APC governors bicker over supreme court judgment in Imo

The opposition Peoples Democratic Party (PDP) and governors elected on the platform of the All Progressives Congress (APC) were, at the weekend, locked in a verbal duel over the Supreme Court judgment which replaced PDP’s Emeka Ihedioha with APC’s Hope Uzodinma as governor of Imo State.
Senator Godswill Akpabio

Niger Delta abandoned projects: We’ll recover all money paid to contractors – Senator Akpabio

The Minister of Niger Delta Affairs, Senator Godswill Akpabio, has reiterated the government’s determination to recover every money paid to contractors on all abandoned projects by the Niger Delta Development Commission (NDDC)
Anambra State Agricultural Development Programme says the state is set to embark on the production of foreign melon. Anambra State Agricultural Development Programme says the state is set to embark on the production of foreign melon.

Anambra to produce foreign melon

The ADP said students of crop science of Nnamdi Azikiwe University Awka are set to partner Anambra State Agricultural Development Programme to produce Indian melon, sweet melon and a host of other foreign melon for local and international markets and for revenue generation.
United Nation’s Children Fund (UNICEF)

UNICEF to immunize two million against yellow fever in Ekiti

In a bid to arrest the spread of yellow fever killer disease in Ekiti State, the United Nations Children’s Fund (UNICEF), has expressed its readiness to Immunize two million persons in the state to protect the population from the scourge.