BY GODWIN OBI Nigeria’s engagement with the global debt market remains vibrant despite challenges posed by high borrowing costs, the International Monetary Fund has said. During a press conference on the global financial stability report at the IMF/World Bank annual meetings in Washington DC, the IMF’s Financial Counsellor and DirectorContinue Reading

BY GODWIN OBI Gunmen have killed five people in a fresh attack on some rural communities in Bokkos Local Government Area of Plateau State. This was confirmed in a statement on Tuesday by the Chairman of Bokkos Cultural Development Council, Farmasum Fuddang and the Secretary, Duwam Bosco. They said theContinue Reading

Central Bank of Nigeria, Olayemi Cardoso The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has defended the bank’s decision to raise the Monetary Policy Rate to 27.25 per cent, describing it as a necessary move to control inflation and curb excess money in circulation.This is according toContinue Reading