A wave of debt in emerging and developing nations has grown faster and larger than in any period of the last five decades and could end with another crisis

The high cost of governance in Nigeria which has become a very disturbing phenomenon, and has been widely acknowledged by many both within and outside the corridors of power is engaging our attention again for one inescapable reason

The Minister of Finance, Mrs. Zainab Ahmed, has said the International Monetary Fund’s (IMF) “support’’ for the closure of the nation’s land borders was “because it understands the action is not punitive.”

The Nigeria Employers' Consultative Association (NECA), has warned that the 2020 budget might instigate massive retrenchment of workers and labour unrest in the country. This projection indeed casts doubt over the ability of the budget to ensure economic growth and job creation as envisioned by the Federal Government.

The International Monetary Fund (IMF) has said that despite its reversal of Nigeria’s growth forecast, a positive oil price outlook will support the country’s challenging economy in 2019.

Chancellor Philip Hammond of the Bank of England in a speech few months back in the British House of Commons, said that the productivity question in relation to national economy is the one challenge that the G7 countries are still grappling with, but with no silver lining on the horizon. This is a rare admission…

International Monetary Fund (IMF), the global economic advisory body, has again cut the world’s growth forecast for this year, and warned against compounding more debts, with emphasis on developing nations to avert derailing their sustainable goals. IMF also warned nations with high debt stock to be wary of new listing, among them Nigeria, whose debt…

The scripting of appropriate reforms for informal sector taxation, tackling the non-remittance challenges and improving the consumption patterns of through policy developments hold the key to the realisation of N3.47 trillion in Value Added Tax (VAT) base by 2023. A research by FSDH Merchant Bank Limited noted that the nation’s large informal sector, put at…

The report of the National Bureau of Statistics (NBS) yesterday that the economy recorded 2.4 per cent growth in the fourth quarter of 2018 drew criticism from economic experts.

From a six per cent Gross Domestic Product (GDP) five years ago, to recession in 2016, and post-recession’s fragile recovery below two per cent till date, it’s been no respite for both the citizenry and economy.

As the “Winds of Change” swept across the African content in the 1960s, the world witnessed dozens of African nations declaring their independence from colonial rule. Many in Africa and around the world had hoped that Nigeria would lead the continent forward. Unfortunately, two major events occurred that derailed the promising course of Nigeria’s First…

A report the other day that the Federal Government has resorted to requesting the International Monetary Fund (IMF) and the Group 24 (G24) countries for assistance in “identifying assets of Nigerians overseas and of International Oil Companies (IOCs) doing business in the country (Nigeria) for proper inventory for the purpose of effective taxation” is curious…