IMF warns oil exporting countries over rising foreign debts

The International Monetary Fund has warned Nigeria and other oil-exporting countries over rising foreign debts, saying there is a need to make external borrowings...

Money scarcity hits Puerto Rico after Maria knocked out power, water

First, Hurricane Maria knocked out power and water to Puerto Rico. Then diesel fuel, gas and water became scarce. Now, it's money. The aftermath of...

World’s 30 most competitive economies, according to WEF

Switzerland is the world's most competitive economy for a ninth straight year, the Geneva-based World Economic Forum's annual rankings showed on Wednesday. Following is a...

Nigeria calls for the reform of IMF, World Bank

Nigeria has demanded the reform of the Bretton Wood Institutions to make them responsive to the needs of developing countries and also reflect the...

World’s cereal production aim for a record in 2017 – FAO

The world's cereal production is headed for a bumper 2017, with total output on track for a record, the United Nation's food agency said...

Global hunger on the rise after decade of decline – U.N.

Total number of chronically hungry people in the world is on the rise again after a decade of declines, the United Nations reported Friday,...
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UK inflation rate spike up 2.9 pct

Inflation in Britain spiked up to 2.9 percent in the year to August, official figures showed Tuesday, in a development that has stoked speculation...

Tunde Fowler emerge UN’s member of expert on tax matters

The United Nations Secretary-General, Antonio Guterres, has named Tunde Fowler, Executive Chairman, Federal Inland Revenue Service, FIRS, as a member of the International Experts...

IATA says global air freight increases by 11.4 pct

The International Air Transport Association says global air freight increased by 11.4 per cent in July compared to the same period a year ago. IATA,...

Clinton, Bill Gates, Lagarde, Jim Kim, others to parley on global...

International data company and news wire organisation Bloomberg has concluded plans to convene a select eminent speakers for its first-ever Global Business Forum, which...

Okonjo-Iweala joins board of UK’s StanChart

Nigeria's former Finance Minister and Coordinating Minister for the Economy under the President Goodluck Jonathan administration Dr (Mrs) Ngozi Okonjo-Iweala, has been named an...

Amazon’s Bezos briefly unseat Gates as world’s richest man

Amazon CEO Jeff Bezos briefly became the world's richest man Thursday in Forbes magazine's tracking of wealth, as stock in his e-commerce company hit...

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