Economy
Rising Debt Levels Limiting Countries Ability to Respond to New Economic Challenge – IMF
The International Monetary Fund (IMF) said on Tuesday that the rising debt levels among countries are currently limiting their ability to respond to new economic challenges. This is just as the Fund sketched a bleak picture of what is in store for the global economy, estimating that growth will slow…
Read More »IMF Backs CBN’s Monetary Tightening Policy
The International Monetary Fund on Tuesday backed the recent monetary tightening policy of the Central Bank of Nigeria (CBN), urging further tightening by Central Banks to check the global rising inflationary pressures. The Fund made the recommendation in its Global Financial Stability Report which was released on Tuesday at the…
Read More »Nigeria: NIMASA, NCC close ranks on Submarine Cable Regulation
The Management of the Nigerian Maritime Administration and Safety Agency (NIMASA),and the Nigerian Communications Commission (NCC), have agreed to work closely with relevant stakeholders as NIMASA inches closer to developing a regulatory framework to provide operational guidelines for Submarine Cable and Pipeline Operators in Nigeria. Officials of both organs of…
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