THE International Monetary Fund, IMF, rose from its executive board consultation on 2021 Articke IV with Nigeria, declaring that the Nigerian economy is recovering from a historic downturn. It said the recoveey was benefitting from government policy support, rising oil…
THE Niger Delta Elders Forum has lambasted Femi Adesina, presidential spokesman, over his recent comment over the delay by President Muhammadu Buhari in inaugurating the governing board of the Niger Delta Development Commission (NDDC). Adesina had in a recent article…
THE Muhammadu Buhari Presidency has attacked a Financial Times editor in its response to a story done by the British newspaper, which highlights the failures of the Nigerian government. A report titled “What is Nigeria’s Government For,” by David Piling,…
AFRICAN Development Bank (AfDB) President Dr Akinwumi Adesina has said that the most important lesson of the Covid-19 pandemic for Africa is the need to build a defence mechanism against external shocks, especially in healthcare and financial security. ‘Investing in…
THE International Finance Corporation (IFC) plans to ramp up its new investments in Africa to $10bn annually in support of businesses that it sees helping to drive economic recovery and growth on the continent. The member of the World Bank Group plans to add…
THE Chairman, Senate Public Affairs Committee, Matthew Urhoghide, has ordered the management of the National Drugs Law Enforcement Agency (NDLEA) to refund to the country treasury the sum of N356 million it spent without necessary approvals. The panel said the…
AFRICAN leaders set to meet next week to discuss boosting the African transport sector as a key impetus to spur continental free trade pact, the United Nations Economic Commission for Africa (UNECA) announced Friday. The UNECA announced that it will…
VILLAGERS in Zimbabwe say a Chinese mining company has told them they will have to leave their homes to make way for a granite quarry. The company denies plans to forcibly move the villagers, but a lack of transparency has…
THE House of Representatives has commenced an inquest into the Ministry of Labour and Productivity over alleged irregularities regarding recruitment into the Nigeria Social Insurance Trust Fund (NSITF) and other agencies. This pledge by the Reps came in the aftermath…
THE Lagos High Court, sitting in Osborne, Ikoyi, has ordered all banks to disclose all investments – fixed deposits, treasury bills, and all sums of money, including cryptocurrency – traceable to Imagine Global Holding Company Limited, Imagine Global Solutions Limited,…
