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Recession: IMF confirms Nigeria unable to meet recovery expectation

Recession: IMF confirms Nigeria unable to meet recovery expectation.

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15 May 2022
Ghana is committed to managing its debt without assistance from the International Monetary Fund (IMF), Finance Minister Ken Ofori-Atta said, expressing his confidence that government measures were moving the country in the right direction.
25 May 2022
The world is facing its worst food crisis in history. Millions of tonnes of wheat are stuck in Ukraine, worsening an already precarious situation for many countries that depend on exports from the region. IMF Managing Director Kristalina Georgieva tells FRANCE 24 Business Editor Kate Moody that only "very strong international mobilisation" will save the lives of millions of people. Also in our update from Davos: EU member states move towards an embargo on Russian oil, but with no consensus on the timeline.
31 May 2022
Several rural areas in Nigeria are not connected to the national grid. Habitants of this rural area extensively use kerosene-fueled lanterns and candles due to the lack of electricity. This report takes a look at how solar is driving Nigeria's post-pandemic green recovery
15 Jun 2022
Despite government promises of a green COVID recovery, a new report says the world missed a "historic chance" to boost clean energy.
26 Jun 2022
Since Russia invaded Ukraine four months ago, the cost of living crisis has become a global issue. Prices have gone up around the world. In Europe, the countries that use the euro saw an average of 8.1 percent inflation in May. Pressure on prices, combined with stuttering economic growth, has sparked fears of a recession. These concerns could still come into play regarding the EU's response to the Russian invasion of Ukraine. In this programme, we're joined by two MEPs to discuss how the EU should balance sanctions against Russia with the risk of recession.
3 Jul 2022
The International Monetary Fund has concluded "constructive" talks with the government of Sri Lanka over a possible bailout. The island is facing its worst economic crisis on record, with protests over food, fuel and medicine shortages. Also on the show: why France is faring better than its neighbours when it comes to inflation. Plus FRANCE 24's Madrid correspondent Sarah Morris reports on the Spanish companies suffering from a diplomatic spat with Algeria.
28 Jul 2022
The pandemic and a weak economic recovery have pushed back progress on closing the gender gap around the world. Saadia Zahidi, Managing Director of the World Economic Forum, says that issues including family care policies, an increasingly digital economy, and ongoing struggles in certain industries have all been setbacks for women. The WEF Global Gender Gap Report 2022 now projects it will take 132 years to reach gender parity.
27 Jul 2022
German businesses have been losing confidence in the current economic climate as growth prospects worsen. The ifo Institute that published the survey pointed to high energy prices.
26 Jul 2022
The new Philippine president has set out an ambitious economic and social blueprint for his six-year term. However, his family's chequered past and the fallout of the COVID-19 pandemic pose significant hurdles.
31 Jul 2022
The International Monetary Fund (IMF) has cut its global growth forecast to 3.2% amid high inflation and the war in Ukraine, and warned the world could be "teetering on the edge of global recession."
7 Aug
The Bank of England has warned that Britain is facing a recession as it hiked its benchmark interest rate by 0.5%.
9 Aug
Data suggest that Germany may be on the brink of an economic downturn that could ultimately lead some businesses to move abroad.