Nigeria still has ample room to borrow more whenever it needs to do so, the Minister of Budget and National Planning, Senator Udo Udoma, has said. He explained that the country was not running any debt risk, adding that it…
Forbes disagrees with IMF over Nigeria’s economy (Daily Trust)
Forbes has disagreed with the International Monetary Find (IMF) over Nigeria’s economic growth in 2018 and projections for 2019. Whilst Forbes sees Nigeria’s economy as the most performing in Africa in 2018, with good prospects for 2019, IMF reports a…
IMF urges Nigeria to increase non-oil revenue (Nation)
The International Monetary Fund (IMF) has advised Nigeria to explore ways of increasing its revenue outside its traditional base of oil proceeds. The IMF’s Deputy Director, Fiscal Affairs Department, Paulo Mauro, who made the call at a press briefing at…
Plane carrying IMF’s Lagarde makes emergency landing in Argentina
An American Airlines flight carrying International Monetary Fund Managing Director Christine Lagarde made an emergency landing in Argentina shortly after taking off from Buenos Aires’ Ezeiza airport on Sunday, several local media outlets reported. Local newspapers Clarin and La Nacion…
Elumelu urges African leaders to prioritise continent’s youth, leapfrog development
Philanthropist and entrepreneur, Tony O. Elumelu, has told African leaders to prioritise their youths in order to leapfrog development on the continent. A statement Tuesday from the Tony Elumelu Foundation said he made the declaration at the International Monetary Fund…