Lukman Otunuga, a research analyst with ForexTime, a leading forex broker specializing in currency, stocks and commodities trading, says Nigeria may be forced to seek a loan facility from the
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The International Monetary Fund (IMF) says 40 percent of Nigeria’s 180 million citizens are excluded from conventional banking, with only 36 percent covered by the formal banking sector. IMF adds
The International Monetary Fund (IMF) corroborates the hitherto unconfirmed stance, that the Nigerian film industry, better known as Nollywood, is the second biggest employer in Nigeria. The IMF, in its
The International Monetary Fund (IMF) says Saudi Arabia’s economy will grow by 1.2 percent in 2016, slower than Nigeria’s 2.3 percent projected growth. The IMF team led by Tim Callen
To the surprise of a large percentage of even the best of analysts, the federal government finally “liberalised” the pricing of petrol
Nigeria’s economy will be growing at a slower pace in 2016 than sub-Saharan Africa’s as a whole, the International Monetary
Having enjoyed blissful growth over the past decade, Nigeria was one of the fastest growing economies in the world, but
President Muhammadu Buhari has restated his aversion to devaluation, recalling that the naira was strong until he was removed as head
Bill Gates, the world’s richest man, says development plans by leading financial institutions and philanthropies may be affected by oil prices in
Kemi Adeosun, minister of finance, says raising value added tax (VAT) would be penalising those who pay, maintaining that it is
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