Friday, May 1, 2026
Nigeria’s finance minister disagrees with IMF, says debt level sustainable, under control
Kemi Adeosun, Nigeria's minister of finance said Friday that the country's debt level remains sustainable and under control with less...
Read moreDetailsChina-U.S. trade dispute threatens global economy- IMF’s Lagarde
Christine Lagarde, the head of the International Monetary Fund warned Thursday that the healthiest global economy in years is threatened...
Read moreDetailsEIB, AfDB take up $70m equity in Development Bank of Nigeria to support private sector lending
The European Investment Bank (EIB) and the African Development Bank (AfDB) have agreed to take up equity participation in the...
Read moreDetailsNigeria’s electricity regulator says 8m customers on billing platform, plans power tariff overhaul by 2021
The National Electricity Regulatory Commission (NERC), an independent regulatory body with authority for the regulation of Nigeria's electric power industry,...
Read moreDetailsNEPC intervenes to tackle quality issues fuelling pared cocoa proceeds, poor global acceptability
Nigeria has not made headway in converting its leading agricultural export, cocoa, as its next oil-type big revenue earner as...
Read moreDetailsNigeria’s $70.99bn debt poses financial stability risks-IMF
The International Monetary Fund (IMF) Wednesday expressed concern over Nigeria’s N21.72 trillion ($70.99 billion) public debt position, saying it constitutes...
Read moreDetailsTeleology Holdings’ takeover of Nigeria’s 9mobile suffers set back on court ruling over sales
The Nigerian High Court has stopped the sale of 9mobile following opposition to the deal by some shareholders of the...
Read moreDetailsProfit taking pares Nigerian stocks capitalisation by N5.9bn
Profit taking in SEPLAT (-3.3%), INTEBREW (-2.1%) and UBN (-4.8%) largely influenced market performance Wednesday as market capitalization dipped by...
Read moreDetailsIMF issues warning on rising global debt, says high debts make govt. finances vulnerable to shocks
Jim Yong Kim, World Bank President and Christine Lagarde, IMF chief The International Monetary Fund (IMF), concerned with the world’s...
Read moreDetailsEM managers urged to strengthen economic fundamentals against short-term risks to global financial stability
Though the current economic environment remains favourable, short-term risks to global financial stability have increased in the past six months...
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