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Nigeria To Borrow $1.5bn From World Bank As Budget Support Loan – Finance Minister

By Ayo Yusuf Despite a burgeoning debt profile, the federal government is on the verge of obtaining a $1.5billion budget support facility from the World...

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World Economy Will Prosper If Africa Prospers – IMF Boss

By Agency Report Ms Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), says a prosperous world economy in the 21st century requires...

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Shock As JP Morgan Shows Nigeria’s Reserve To Be $30b Short of CBN Claims

By Ayo Yusuf Nigerians reel in shock as global financial service giant, JP Morgan estimated Nigeria’s net foreign reserve to be around $3.7 billion not...

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Tinubu’s Tax To GDP Target And Move Towards Debt Sustainability

By Kadiri Abdulrahman At the inauguration of Presidential Committee on Fiscal Policy and Tax Reforms, chaired by Mr Taiwo Oyedele, President Bola Tinubu said his...

Energy

Oil Prices Tick Higher On Optimistic Economic Forecasts

By Julianne Geiger Oil prices saw another rise on Tuesday morning on optimistic forecasts published by the International Monetary Fund (IMF). On Tuesday, the IMF raised...

Energy

OPEC+ Unlikely To Announce Additional Oil Output Cuts

By Tsvetana Paraskova The OPEC+ group is not expected to announce another round of oil production cuts when ministers meet this weekend, OPEC+ sources told...

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IMF, Stakeholders Task Tinubu on Revenue Generation, Debt Reduction

By Agency Report The International Monetary Fund (IMF) has urged the incoming government of President-elect Bola Tinubu to take steps to increase Nigeria’s revenue base. Ari...

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