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World Trade Organization - WTO

WTO lowers global outlook again amid trade conflicts

World trade will grow by 1.2 per cent this year and by 2.7 per cent in 2020, the World Trade Organisation (WTO) said on Tuesday, revising an earlier forecast as trade conflicts between the U.S. and China weigh on global trade.
President Muhammadu Buhari has felicitated with all the 2019 Nigerian pilgrims over the successful completion of their Hajj rites and the Eid-el-Kabeer celebration.

[email protected]: President Buhari’s independence day speech — full text

Remember the sacrifices made by our Founders and great leaders past; by soldiers, by distinguished public servants; by traditional leaders, by our workers —- sacrifices on which Nigeria has been built over the 59 years since Independence in 1960; and

Nigeria trapped in low growth path – Moody’s

A global credit rating agency, Moody’s Investors Service, has said Nigeria is trapped in a low growth path for the time being.

Analyst: Why central bank may cut key interest rates again

Lukman Otunuga, research analyst at FXTM, says the Central Bank of Nigeria (CBN) would likely cut interest rates further if macro economic conditions in the country improve.

PDP lawmakers condemn presidential system, want Nigeria to adopt parliamentary method

Seventy-one members of the Peoples Democratic Party (PDP) in the House of Representatives have condemned the presidential system of government, describing it as wasteful and inimical to the country’s growth.

BPE: Inefficient public enterprise management slowing Nigeria’s growth

The Bureau of Public Enterprises (BPE) has blamed the gross inefficiency of Nigeria’s publicly owned enterprises for the country’s low GDP growth.

CSOs hails central bank on fiscal policy, inflation rate

Member of Coalition of Civil Society Groups, at its just concluded 4th All Nigeria Civil Society Economic Conference held in Abuja on Wednesday has commended the management of the Central Bank of Nigeria (CBN) on the fiscal policy and urged the apex bank to sustain recent drop of inflation rate which was a result of increase in classifications of individual consumptions.

IMF to set conditions for completion of Ghana’s programme

The International Monetary Fund (IMF) has said the April 2019 completion date for Ghana’s programme will largely depend on meeting some critical targets during the mission review visit in September.

IMF to begin talks with Angola on financial support

The International Monetary Fund (IMF) said on Tuesday it would begin talks with Angola over providing financial support after the oil-producing country’s economic growth was weaker than expected this year.

Federal govt’ll retain capital budget despite forthcoming elections – Kemi Adeosun

The Federal Government’s capital budget would be strictly deployed to fund infrastructural projects across the country, particularly the completion of ongoing projects, the Minister of Finance, Kemi Adeosun, has said.

Nigeria exiting recession but economy remains vulnerable – IMF

Nigeria is exiting recession but its economy remains vulnerable, the International Monetary Fund (IMF) said on Friday, after conducting a review of Africa’s largest economy.

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Bayern Munich are among the favourites to win the Champions League this season following the arrival of Philippe Coutinho, Manchester City goalkeeper Ederson believes.

Barça ready to negotiate with Bayern over lower Philippe Coutinho fee

There is no confirmation as to what Bayern actually want to pay for Coutinho, but the fee is rumoured to be in the region of €90m – which would still be a club record for the Bundesliga champions.
Arsenal will be favouring “functional” players over “star names” in the next transfer window, claims Kevin Campbell, with Unai Emery approaching “a crucial summer”.

David Ornstein: Arsenal don’t have an Unai Emery break clause

Unai Emery is under pressure to get Arsenal back into the Champions League. Raul Sanllehi has been as clear as he can be in informing fans, and the head coach, of what they expect.

Davido deposits N36 million to purchase customised jewelry for Zlatan

Nigerian singer, songwriter and record producer, David Adedeji Adeleke aka Davido, has deposited the sum of $100K (N36million) to purchase customised jewelry for Zlatan Ibile, Skibii and seven other members of his 30BG (30billion gang).

APC is notorious for lies – Cross River governor

Governor Ben Ayade of Cross River State had described the All Progressives Congress, APC, as a group of persons notorious for lies.
As Kogi State governorship election draws near, the FCT Minister of State, Dr. Ramatu Tijjani Aliyu, has charged political gladiators in the major political parties to guard against their utterances for a violent free election.

Minister wants NEMA to extend relief assistance to Kogi flood victims

The FCT Minister of State, Dr Ramatu Aliyu, has called on the National Emergency Management Agency (NEMA) to extend relief assistance to the people affected by flood in over 150 communities in Kogi State.