Patience Oniha, director-general of the Debt Management Office (DMO), says federal government relied on debt to finance over 90 percent of budget deficits. Oniha disclosed this at a workshop on
Tag "economic recovery"
The International Monetary Fund (IMF) says economic recovery in sub-Saharan Africa will be the slowest in the world. In its October Regional Economic Outlook for sub-Saharan Africa report released on
President Muhammadu Buhari says the insurance industry will play a vital role in Africa’s economic recovery from COVID-19. He said the insurance sector would play a crucial part in the
Akinwumi Adesina, president of the African Development Bank (AfDB), says the International Monetary Fund (IMF) $650 billion special drawing rights (SDRs) will boost the reserves of developing countries. Adesina said
The Department of Petroleum Resources (DPR) says it is formulating a maximum economic recovery (MER) programme, aimed at strengthening the
The African heads of state and governments have called for a replenishment of the World Bank’s International Development Association (IDA20)
Africa’s largest economy has displayed resilience over the past few months. From defending against the COVID-19 menace to battling untamed
Yahaya Bello, governor of Kogi, says the federal government should focus more on reviving the economy than on how to
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