Saturday, August 1, 2026
Nigeria’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...
Read moreDetailsNigeria, sub-Saharan Africa’s economy to grow 3.1% in 2018 -World Bank
Christine Lagarde, International Monetary Fund (IMF) Managing Director speaks as World Bank President Jim Yong Kim listens The World Bank...
Read moreDetailsNigerian stocks consolidate gains as benchmark index rises 0.63% on buy interest in bellwethers
Nigerian stocks posted a bullish performance Monday as the All Share Index (ASI) rose 0.6 percent to 40,788.68 points while...
Read moreDetailsIMF says global economy will slow after 2019 on escalating trade tensions
The International Monetary Fund (IMF) said Tuesday it expects global growth to slow after 2019, adding that the risks of...
Read moreDetailsNigeria business expectation survey indicates growth in all levers of the economy
Respondents to the Central Bank of Nigeria’s (CBN’s) March 2018 Business expectations survey have expressed greater optimism on economic conditions...
Read moreDetailsS&P sees Islamic finance industry expanding 5% in 2018, 2019 on fintech
The global Islamic finance industry will expand slowly in 2018 and 2019, according to report published by Standard and Poor’s (S&P) Global...
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