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
Barbara Bako, Bangkok. Nigeria and the African Development Bank (AfDB) have agreed to conduct a joint technical review of the bank’s portfolio in the country to accelerate project delivery and strengthen development cooperation. The agreement was reached at a
Barbara Bako, Bangkok. The Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G24) has urged the International Monetary Fund (IMF) and the World Bank to make financing more affordable for developing countries, warning that high borrowing costs
Barbara Bako, Bangkok. The International Monetary Fund (IMF) has urged Nigeria to provide targeted, temporary cash transfers to vulnerable households to cushion the impact of rising food and energy costs, warning that economic growth alone has not eased the
Barbara Bako, Bangkok. The International Monetary Fund (IMF) has urged African economies to strengthen debt management, improve borrowing transparency and build fiscal buffers as rising global borrowing costs threaten to increase refinancing pressures across emerging markets. The warning came during
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, and the Governor of the Central Bank of Nigeria, Olayemi Cardoso, this Monday met with the President of the World Bank Group, Ajay Banga, as the Annual Meetings
Barbara Bako, Bankok. The World Bank Group is prioritising job creation and productivity growth, with artificial intelligence (AI) expected to expand economic opportunities in developing countries. The Group’s President, Ajay Banga, made this known during a discussion on
Barbara Bako, Abuja. Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, is leading the country’s delegation to the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank in Bangkok, Thailand.
Barbara Bako, Abuja. State governments across Nigeria recorded a 93 per cent increase in revenues in real terms between 2023 and 2025, with much of the additional fiscal space channelled into infrastructure and other development spending, the World Bank
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