IMF traces weak economic growth in Nigeria, S’Africa to political risks
More facts have emerged on why several frantic efforts so far made by the present administrations in Africa’s largest economies to attract credible deep pocket foreign investors have failed to yield results. The International Monetary Fund (IMF), earlier in the…
ERGP success tied to robust banking industry—IMF
Whereas the Central Bank of Nigeria (CBN) has repeatedly claimed that Nigerian commercial banks are all strong and fit, the International Monetary Fund (IMF), has warned that many commercial banks need to raise new capital and boost their capital adequacy…
FG seeks inputs from experts on proposed MTFF/FSP 2018-2020
Minister of Budget and National Planning, Senator Udoma Udo Udoma has called on financial experts, civil societies and general public to make inputs to the newly developed Medium Term Fiscal Framework/Fiscal Strategy Paper (MTFF/FSP) 2018-2020. The minister and other officials…
BoI may be heading on collusion course rallying DBN, other DFIs for N1 trillion
Since the sudden creation of the Development Bank of Nigeria (DBN) by the present administration, there are reasons to suspect that the Bank of Industry (BoI) had been disquiet in the performance of its duties, thus creating a scenario that…
Experts predict rates retention as CBN beings MPC meeting today in Abuja
The Central Bank of Nigeria (CBN) will this Monday morning, begin another round of Monetary Policy Committee (MPC) to review the performances of given monetary indices in the weight of recent policies and happenstances in the economy. In the last…
Banks’ll replicate what we did 5 years ago in oil sector to ERGP—FirstBank MD
The managing director and chief executive officer of First Bank of Nigeria Plc., Dr. Adesola Adedutan has give insight on how the Nigerian banks will support federal government’s Economic Recovery and Growth Plan (ERGP). It would be recalled that the…
FG to drive new ERGP with establishment of Trade Negotiation Office
As part of strategic moves to propel the new development roadmap, the Economic Recovery and Growth Plan (ERGP), the Federal Government has approved the establishment of Nigerian Trade Negotiation Office (NTNO) expected to serve as the central database for trade…
