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IMF lifts global economic growth forecast

  FRIDAY, 09 JULY 2010   The International Monetary Fund (IMF) has upgraded its 2010 global growth forecast yesterday, to 4.6 per cent from 4.2 per cent in April’s review of the global economy, but kept its 2011 view unchanged at 4.3 per cent.It cited robust expansion in Asia and […]

Budget 2010: Protests Trail Fresh Adjustments

  From Kunle Akogun and Onwuka Nzeshi in Abuja, 07.09.2010    President Goodluck Jonathan’s  submission  of a revised  revenue framework  and request  for a slight amendment  to the 2010 Appropriation Amendment Bill  and the 2010 Supplem-entary Budget sparked off a protest yesterday at the House of Representatives  as some lawmakers  […]

Nigeria’s Donor-Funding Support Hits $4.2bn

  By James Emejo in Abuja, 07.09.2010   Minister of Finance, Mr. Olusegun Aganga yesterday revealed that the combined funding support by donor agencies including the World Bank, African Development Bank (ADB), International Fund for Agricultural Development (IFAD) and the Islamic Development Bank (IDB) to Nigeria stood at about $4.226 […]