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NECA to FG: Additional taxes would make businesses more vulnerable, stifle consumption

    NECA to FG: Additional taxes would make businesses more vulnerable, stifle consumption

The Nigeria Employers’ Consultative Association (NECA) says any attempt by the federal government to increase taxes will lead to a negative impact on households, individuals, and businesses. Adewale-Smatt Oyerinde, NECA’s

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Emefiele: IMF growth projection for Nigeria shows we are doing something right

    Emefiele: IMF growth projection for Nigeria shows we are doing something right

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the International Monetary Fund (IMF) growth projection for Nigeria shows that the country and its handlers are doing something

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IFC: AfCFTA is becoming a lot of talk — we need to fix regulations

    IFC: AfCFTA is becoming a lot of talk — we need to fix regulations

Makthar Diop, the managing director of the International Finance Corporation (IFC), says the Africa Free Trade Continental Agreement (AfCFTA) is becoming a lot of talk, and may not become a

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World Bank/IMF meetings, March inflation… seven top business stories to track this week

    World Bank/IMF meetings, March inflation… seven top business stories to track this week

Here are the seven top business stories you need to track this week — April 10 to April 14. WORLD BANK/ IMF 2023  SPRING MEETINGS The World Bank Group (WBG)

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‘FG keeps issuing promissory notes’ — DMO speaks on Nigeria’s rising debt stock

  ‘FG keeps issuing promissory notes’ — DMO speaks on Nigeria’s rising debt stock

The Debt Management Office (DMO) says Nigeria’s debt stock is increasing due to a combination of several factors, including borrowings

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Osinbajo: Chinese loans reduced Africa’s dependency on IMF, World Bank

  Osinbajo: Chinese loans reduced Africa’s dependency on IMF, World Bank

Vice-President Yemi Osinbajo says Chinese lending to Africa has reduced dependency on loans from Western institutions. Osinbajo spoke while delivering

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Anchor Borrowers’ Programme: CBN counters IMF, says 52% of loans repaid

  Anchor Borrowers’ Programme: CBN counters IMF, says 52% of loans repaid

The Central Bank of Nigeria (CBN) says N503 billion of loans under its Anchor Borrowers’ Programme (ABP) has been repaid.

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Iyabo Masha becomes first African director of G-24

  Iyabo Masha becomes first African director of G-24

The Intergovernmental Group of 24 on International Monetary Affairs and Development (G24) has appointed Iyabo Masha, a former member of

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IMF to central banks: Stop financing excessive government debt

  IMF to central banks: Stop financing excessive government debt

The International Monetary Fund (IMF) has urged central banks to refrain from monetising excessive government debt. Debt monetisation is when

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Nigeria’s inflation index severely outdated, says IMF

  Nigeria’s inflation index severely outdated, says IMF

The International Monetary Fund (IMF) says the weights used by the National Bureau of Statistics (NBS) to calculate the monthly

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