The World Bank, in its latest International Debt Report, revealed that developing nations spent an unprecedented $1.4tn on foreign debt servicing in 2023, driven by a...
In conclusion, while IMF loans have provided Nigeria with critical financial support during times of economic crisis, they come with significant trade-offs. The federal government must...
The concerns raised by the World Bank are a reflection of a deeper malaise affecting Nigeria’s governance and economic management. If international observers are ringing the...
Winston Churchill famously opined, 'For a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift...
The listing of the Naira among Africa’s worst-performing currencies by the World Bank feels like a symbolic slap in the face to Nigeria, a country that...
Oniha highlighted that improvement in revenue generation was crucial for the country to achieve accelerated socio-economic development and debt sustainability.
The governor clarified that the construction would start at the same time in each of the 105 schools chosen from the state's three senatorial districts.
The report stated: “Growth in Sub-Saharan Africa (SSA) weakened to 3.0 per cent in 2023. Growth in the region’s largest three economies—Nigeria, South Africa, Angola—remained weak....
Ajaero went on to say that any president of the trade Party who adopted the IMF's ideas would face stiff opposition from the trade union. "He...
"This is why I produced a simple economic model that is based on the Malaysian Mahattir Mohammed's model. You cannot use the established Western economic models...