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CBN's policy reforms improved Fx liquidity, stabilised Naira - World Bank

Nigeria, April 25 -- The World Bank on Thursday said that the policy reforms of the Central Bank of Nigeria (CBN) have led to a more stable Naira in recent months. The bank made this known in the lat... Read More


More Nigerians to sink into poverty by 2027 - World Bank

Nigeria, April 25 -- The World Bank on Thursday said that poverty in Nigeria will increase by 3.6 percentage points over the next five years through 2027. The bank made the disclosure in its Africa's... Read More


Sub-Saharan Africa's economic performance being dragged down by Nigeria, Angola, South Africa - World Bank

Nigeria, April 25 -- The World Bank on Thursday said economic activity in Sub-Saharan Africa is projected to edge up from 3.3 per cent in 2024 to 3.5 per cent in 2025 and further accelerate to 4.3 per... Read More


How Nigeria, other African economies can survive US-China tariff tensions, global uncertainty - IMF DG

Nigeria, April 25 -- On Thursday, the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, advised Nigeria and other African countries to strengthen their fundamentals to ... Read More


US-China tariff war to push global debt past pandemic levels - IMF

Nigeria, April 24 -- There are strong indications that the heightened uncertainty caused by the new US tariffs will push global public debt above pandemic-era levels to nearly 100 per cent of global G... Read More


Aliko Dangote, others join World Bank's private sector investment lab

Nigeria, April 24 -- The World Bank Group on Wednesday announced the launch of the next phase of its Private Sector Investment Lab, focused on implementing proven solutions at scale. The bank also an... Read More


How Nigeria plans to address falling oil prices, budget shortfalls - Minister

Nigeria, April 24 -- Nigeria's Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Wednesday said that the government has outlined key strategies to address the impact of falli... Read More


Forensic audit of NNPC underway - Minister

Nigeria, April 24 -- Nigeria's Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Wednesday announced that a forensic audit of the Nigerian National Petroleum Company (NNPC) i... Read More


Nigeria in talks with JP Morgan to re-enter govt bond index, renew investors' confidence

Nigeria, April 24 -- The Director-General of the Debt Management Office (DMO) on Wednesday said Nigeria is in advanced discussions with JP Morgan to re-enter the Government Bond Index (GBI) and renew ... Read More


IMF MD Georgieva meets Cardoso, Edun, urges Nigerian government to improve food security

Nigeria, April 23 -- The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, on Tuesday, urged the Nigerian government to scale up social spending, improve food security ... Read More