Moody’s Investors Service, the bond credit rating business of Moody’s Corporation, on Tuesday said Nigeria’s economic growth was resilient, predicting that the country could emerge as the largest economy in Africa by 2020. The firm’s report obtained by our correspondent said, “Nigeria’s $260bn economy is on track to overtake South […]
Tag: Nigeria
IMF advises FG to remove oil subsidy
… Says elimination would ensure fiscal adjustment From ISAAC ANUMIHE, Abuja International Monetary Fund (IMF) has advised the Federal Government to remove the remaining oil subsidy, as that would help fiscal adjustments. Speaking with newsmen in Abuja, IMF’s Senior Resident Representative/Mission Chief, Williams Scott Roger, insisted that the nation required […]
Offshore Remittance to Nigeria Hits N3.3 Trillion
Despite the global financial crisis, which erupted in 2008 that is yet to abate in Europe and United States of America, estimates from the World Bank has put offshore remittances to Nigeria at $21.0 billion (N3.3 trillion). The World Bank estimates, which was quoted by FBN Capital, is consistent with […]
