Washington: The International Monetary Fund (IMF) says global public debt is projected to grow above 100 per cent of Gross Domestic Product (GDP) by 2029. The Director of the Fiscal Affairs Department, IMF, Vitor Gaspar, gave the projection while presenting the fund’s fiscal monitor. According to News Agency of Nigeria, Gaspar noted that in such […]

Washington: Nigeria’s trade surplus has climbed to six percent of the nation’s Gross Domestic Product (GDP), according to Mr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN). This announcement was made in a statement by Mr. Mohammed Manga, the Director of Information and Public Relations at the Federal Ministry of Finance, during […]

Washington: The World Bank has reiterated its commitment to transforming agriculture into a viable business that generates jobs, income, and food security worldwide. World Bank Group President Ajay Banga made this announcement at the ‘AgriConnect Flagship Event’ during the 2025 Annual Meetings of the IMF/World Bank Group. According to News Agency of Nigeria, Banga emphasized […]

Lagos: The Ambassador of the Republic of Tunisia to Nigeria, Mr. Mohsen Antit, has pledged his country’s commitment to strengthening economic ties with Nigeria to boost trade and enhance revenue generation. Antit made the commitment during the Ndigboamaka Progressive Markets Association All Markets Conference 2025, held in Lagos, with the theme ‘Empowering Trade Unions for […]

Lagos: The stock market reversed its previous losses by 0.02 per cent on Wednesday, recording a N20 billion gain for investors after a day’s negative run. The positive performance was due to returned investor interest in stocks like Skye Shelter Fund, Royal Exchange, International Energy Insurance, Julius Berger, Omatek, and 29 other stocks. According to […]