IMF cuts global growth outlook, cites weak Europe
The International Monetary Fund on Monday cut its world economic growth forecasts for 2019 and 2020, due to weakness in Europe and some emerging markets, and said failure to resolve…
The International Monetary Fund on Monday cut its world economic growth forecasts for 2019 and 2020, due to weakness in Europe and some emerging markets, and said failure to resolve…
The Minister of Finance, Zainab Ahmed, on Thursday said that $1.1billion loan would be required for the implementation of the Nigeria-Brazil Cooperation Project Agriculture “Green Imperative.” She made the disclosure…
The Grand Patron of the Legacy Group International (LGI), a non-governmental organisation, Dr. Kenny Martins, has said the economy, which experienced a horrendous time last year, may suffer beyond May…
Egypt’s central bank left its key overnight interest rates steady on Thursday, keeping the deposit rate at 16.75 percent and the lending rate at 17.75 percent. All 13 economists polled…
Lagos State economy would grow by four per cent in 2019, the Governor, Akinwunmi Ambode, said. Ambode, who spoke at separate meetings on Tuesday in an address he delivered to…
President Muhammadu Buhari has told Governors of the 36 states of the federation that the economy of the country was in a bad shape. The President met with the Governors…
Nigeria risks a relapse into recession, the Central Bank of Nigeria (CBN) said yesterday. CBN Governor Godwin Emefiele told reporters at the end of the Monetary Policy Committee (MPC) meeting…
Nigerian inflation dropped for the 18th consecutive time 11.23 per cent in June to 11.14 per cent in July, 1.28 per cent points below Federal Government’s projection. The Federal Government…
Central bank of Nigeria kept interest rate at 14 percent on Tuesday, marking two years at the record high level. Godwin Emefiele cited the risk of increasing inflationary pressure in…
Inflation has dropped for the 17th consecutive times since January 2017, the National Bureau of Statistics (NBS) report indicates. The NBS said the Consumer Price Index (CPI), which measured inflation…