Business

Barbara Bako, Bangkok.     International Monetary Fund (IMF) Managing Director Kristalina Georgieva has warned that the global economy faces mounting risks from rising debt, persistent inflationary pressures and growing dependence on artificial intelligence (AI), urging governments to strengthen their

Barbara Bako, Bangkok.     Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has attributed the market’s relatively smooth response to a surprise monetary policy decision to improved communication, stronger macroeconomic conditions and renewed confidence in the apex bank. Cardoso

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.   Nigeria is targeting a reduction in its debt-service-to-revenue ratio to 21.01 per cent by 2030 from 62.93 per cent in 2025, as the Federal Government pursues investment-grade sovereign credit status under its proposed National Development Plan

  Barbara Bako, Abuja.   The Securities and Exchange Commission (SEC) will convene the 2026 National Capital Market Conference on October 19 in Abuja, where it is expected to unveil a new 10-year capital market blueprint and a National Savings

    Barbara Bako, Abuja.   The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has called on the international community to unlock affordable long-term capital for Africa, saying high borrowing costs remain one of the biggest