Barbara Bako, Abuja. The International Monetary Fund (IMF) has endorsed the Central Bank of Nigeria’s (CBN) recent monetary policy adjustment, saying the move is justified by declining inflation, even as it cautioned that the country’s monetary policy remains
Barbara Bako, Bangkok. Nigeria’s monthly diaspora remittances rose from $200 million to $950 million following reforms to remove barriers to foreign exchange inflows, Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has said. Cardoso disclosed this at a
Barbara Bako, Abuja. The African Export-Import Bank (Afreximbank) is set to push bankable investment projects across Africa as it convenes the sixth African Sub-Sovereign Governments Network (AfSNET) Investment Conference in Calabar, Cross River State, from Nov. 12 to
Barbara Bako, Abuja. The Africa Finance Corporation (AFC) has appointed the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, as Chairman of its Board of Directors, as the institution intensifies efforts to mobilise investment for
Barbara Bako, Bangkok. Nigeria has unveiled 65 investment opportunities across key sectors of the economy and promised further reforms in power, agriculture, taxation and business regulation to attract domestic and foreign capital. The Minister of Finance and Coordinating Minister of
Barbara Bako, Bangkok. The International Monetary Fund (IMF) has urged its wealthier member countries to replenish its catastrophe relief fund and honour financing commitments to support low-income economies facing rising debt-servicing costs and mounting economic pressures. IMF Managing
Barbara Bako, Bangkok. The International Monetary Fund (IMF) has warned that global public debt is projected to reach 100 per cent of Gross Domestic Product (GDP) by 2029, urging governments to urgently strengthen public finances as rising borrowing costs,
Leah Katung-Babatunde. The National Pension Commission (PenCom) says more than 241,000 retirees have benefited from increased monthly pension payments under reforms introduced by the administration of President Bola Tinubu. PenCom Director-General, Ms Omolola Oloworaran, disclosed this on Tuesday at
Barbara Bako, Bangkok. Nigeria must embed its economic reforms in laws and strong institutions, maintain policy consistency and protect vulnerable households to sustain investor confidence and deliver lasting economic growth, Finance Minister Taiwo Oyedele has said. Oyedele said
Barbara Bako, Bangkok. Oyedele has urged local and international investors to channel patient capital into Africa’s food security and infrastructure sectors, saying the continent needs investment-ready projects, predictable policies and stronger partnerships to translate its economic potential into jobs and
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