International Monetary Fund
IMF lowers 2020 oil demand by 8 per cent amid high uncertainties
The coronavirus crisis will see global oil demand dropping by around eight percent this year, compared to last year, the International Monetary Fund (IMF), has said in a new report.
Sudan hands out cash to ease economic crunch
Sudan has begun distributing cash handouts under an internationally backed plan to help millions cope with an economic crisis aggravated by the coronavirus pandemic
IMF approves emergency funding for pandemic-hit Myanmar
The International Monetary Fund said Friday it will provide Myanmar with $356.5 million in emergency funding, as the southeast Asian country battles an economic slump
What will stop Buhari from borrowing?
Nigeria under President Muhammadu Buhari is currently on a borrowing spree. Something drastic appears necessary to arrest this undesirable trend.
Buhari’s herculean task of lifting countrymen out of despair, poverty
Having shrugged off the challenge of Atiku Abubakar, the candidate of the main opposition Peoples Democratic Party (PDP) at last year’s polls, President Muhammadu Buhari...
ATCON tasks FG on economic digitisation as telcos activate 1.9m new subscribers
The Association of Telecommunications Companies of Nigeria (ATCON) has charged the Federal Government to commence the digitisation of the nation’s economy.
Advice Buhari should not ignore
Political leaders in this part of the globe rarely seek or listen to candid pieces of advice. Most times, they take decisions or copy others especially the developed countries.
WHO appoints Nigeria’s Okonjo-Iweala as COVID-19 Special Envoy
The World Health Organisation (WHO) on Friday named former Minister of Finance, Dr. Ngozi Okonjo-Iweala, as a Special Envoy for the newly inaugurated Access to COVID-19 Tools (ACT) Accelerator.
OPEC expects recovery in Q4, fall in demand to 19.73 mil b/d in Q2
• Extraordinary macroeconomic action key to faster recovery, says IMF OPEC is banking on global oil demand recovering by more than 10 million b/d from the second quarter to the fourth quarter of 2020 as it embarks on a global supply pact along with allies and rivals to provide relief for a coronavirus-stricken oil market.…