U.S. picks ex-Mastercard CEO Banga as new World Bank president
The United States government has nominated Ajay Banga, a former chief executive of Mastercard, to be the next president of the World Bank.
The nomination...
Nigeria’s economic growth slowed in last quarter of 2022
Nigeria's economic growth slowed to 3.52% in the fourth quarter from 3.98% a year earlier, as widespread flooding destroyed farms, oil production declined and...
Supreme Court ruling on naira scarcity will come after presidential election
The Supreme Court says it will need more time to give a decision on the controversial redesign of the naira that has set APC...
IMF says Nigeria inflation figures have for years been wrong
Nigeria has been using outdated figures to calculate consumer price indices for years, meaning its inflation numbers for years have likely been misleading.
- A...
Biden makes unannounced trip to Ukraine
U.S. President Joe Biden made an unannounced visit to Kyiv on Monday in a show of support ahead of the one-year anniversary of Russia's...