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COVID-19: IMFC Endorses Extension Of Debt Service Relief For 6 Months

COVID-19: IMFC Endorses Extension Of Debt Service Relief For 6 Months         In its commitment to curtail the effect of coronavirus, COVID-19 pandemic on the less developed economies, International Monetary and Financial Committee, IMFC of International Monetary Fund, IMF has expressed its support for a debt...

OPEC Raises 2020 Demand Forecast Over China’s Recovery

OPEC Raises 2020 Demand Forecast Over China’s Recovery       The Organization of the Petroleum Exporting Countries (OPEC), has raised its global oil demand forecast for 2020 by 60,000 barrels per day (b/d) from last month to 90.29 million b/d in October, as it sees an improvement...

IMF Reverses Forecast For Nigeria’s Economy To -4.3% In 2020

IMF Reverses Forecast For Nigeria’s Economy To -4.3% In 2020       The International Monetary Fund, IMF, Tuesday reversed Nigeria’s economy growth projection to -4.3 percent in 2020 from its earlier projection of -5.4 percent. The Fund also projected that Nigeria’s economy would grow by 1.7 per cent...

2021 Budget: Increasing IGR To Stave Off Debt Accumulation

2021 Budget: Increasing IGR To Stave Off Debt Accumulation         Two things that stood out in President Muhammadu Buhari’s 2021 budget presentation at the National Assembly last week are the desire to steer the economy away from racking up debts to increasing its revenue generation capacity...

A Tribute to My Father, Imam Shuaib Agaka

A Tribute to My Father, Imam Shuaib Agaka By Yushau A. Shuaib     Most tributes are written to eulogise the dead and not the living. I often ask the questions: Must our guardians and mentors die before we honour them by commending their outstanding qualities and exemplary...

Budget 2021: Brace Up For Another Recession — Buhari

Budget 2021: Brace Up For Another Recession — Buhari         President Muhammadu Buhari said, yesterday, that the country is heading for another recession, the second in four years. He noted, however, that the Federal Government has put in place plans to ensure rapid recovery in 2021. The President,...