Nigerian finance minister’s plans to boost economy
By CNBC
21 April 2017 |
5:13 am
Nigeria's finance minister Kemi Adeosun says the country needs to ask its economy much harder to produce much more revenues. CNBC caught up with her on the sidelines of the IMF/World Bank spring meetings to discuss the plans for Nigeria's economy.
In this article
Related
5 Nov 2021
91 illegal migrants from Nigeria are being repatriated back to their home country, in what security officials say is a voluntary return from Libya's International Misrata Airport to the Nigerian capital Niamey.
5 Nov 2021
Nigeria has secured a new set of military gear and they are massive. The Nigerian Army recently unveiled 60 new VP1 Type Tracked Armoured Personnel Carriers to expand it armory.
11 Nov 2021
Golf is a club-and-ball game in which players use various clubs to hit balls into a series of holes on a course. The sport dates as far back as the 15th century and it is one of the most popular outdoor games around the world.
Even though the game is not really popular in mainstream Nigeria, it has often been regarded as a male and elite sport, but this set of women are changing the narrative, to them, golf is more than just a game. Some female golfers took out time to share their experiences playing a sport that is mostly dominated by men.
15 Nov 2021
Nigeria’s Foreign Minister Geoffrey Onyeama told FRANCE 24 that recent coups in West Africa are undermining democracy and that events have reached a crucial juncture for the Economic Community of West African States (ECOWAS) regional bloc. “Clearly it is a threat, it is an unfortunate precedent,” he said.
18 Nov 2021
A fact-checking media in Mali has identified false claims of child harvesting in Nigeria – so-called "baby factories". The claim that the images in question are recent is bogus, but a real phenomenon of child harvesting does exist in Nigeria. Also, a Canadian media dramatically claimed that the wife of Pfizer's CEO died due to the Covid-19 vaccine. In fact, she is alive and well.
26 Nov 2021
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has voted unanimously to retain the benchmark interest rate (MPR) at 11.5%, whilst keeping all other monetary parameters constant.
27 Nov 2021
Nigeria has the second largest film output in the world, but many filmmakers struggle with low budgets and barely make a profit. But streaming platforms are giving a boost to African films.
1 Dec
The World Bank is backing Nigeria’s quest to get rid of fuel subsidy. The Country Director of the World Bank Shubham Chaudhuri, who led his team on a courtesy visit to The Guardian Group on Tuesday, November 30, explained why fuel subsidy is not sustainable. Chaudhuri, nevertheless, advised the Nigerian government to build consensus before its scheduled removal of the controversial subsidy policy.
4 Dec
In October, the Central Bank of Nigeria launched the hugely-anticipated eNaira, joining the small league of countries to own their digital currency. But it hasn’t been smooth sailing for the currency that, according to the CBN, offers more possibilities. What do you think about the eNaira? How would you describe your experience with the eNaira app?
7 Dec
Oil giant Shell will pay a Nigerian community $111m (£80m) over an oil spill more than 50 years ago. A spokesman said the payment would mark the "full and final settlement" to the Ejama-Ebubu community over a spill during the 1967-70 Biafran War. The company has maintained that the damage was caused by third parties.
8 Dec
Here are a few reasons to pick up a copy of The Guardian on Wednesday.
Latest
28 mins ago
Accra residents were grappling with flash flooding on Tuesday (May 24) after heavy rain hit the Ghanaian capital overnight.
28 mins ago
A controversial public health order invoked by the Trump administration in 2020 to curb the spread of COVID-19 in migrant holding facilities was due to be lifted on Monday. But a federal judge has quashed the move.
29 mins ago
The climate talks in Berlin are focusing not only on the war in Ukraine and Russian energy, but also how the G7 nations can take a lead on the phasing out of coal.
2 hours ago
Nepal's ruling party has become increasingly wary of China's expansive Belt and Road Initiative amid Sri Lanka's financial collapse, fresh loans from the US and a shift towards India.
2 hours ago
The Russian invasion of Ukraine has been denounced by world leaders and prompted diplomatic and financial sanctions. But what do ordinary Russians think? President Vladimir Putin never misses an opportunity to refer to patriotism and national unity in a bid to justify his acts of aggression. A large majority of Russians adhere to this patriotism, some by joining Unarmia, a movement created by the Russian ministry of defence. Yet others have serious doubts about whether the invasion of Ukraine is in the best interests of the country they love.
2 hours ago
Sviatlana Tsikhanouskaya, Veronika Zepkalo and Maria Kolesnikova received the 2022 Charlemagne Prize. German Foreign Minister Annalena Baerbock said the Belarusian activists were the "bravest women in Europe."