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Wednesday, August 16, 2017
Tags Economy

Tag: economy

IMF Affirms Nigeria’s Recovery From Recession, With 0.8% Growth Forecast

INTERNATIONAL Monetary Fund (IMF) yesterday affirmed that Nigeria will this year recover from economic recession, projecting that the nation’s economy will grow by 0.8...

Nigeria: CBN Hikes Interest Rate, Battles Inflation

THE Monetary Policy Committee on Tuesday hiked the Monetary Policy Rate by 200 basis points from 12 per cent to 14 per cent to combat...

US Jobless Claims Hit Three-Month Low

THE number of Americans filing for unemployment benefits unexpectedly fell last week, hitting a three-month low as the labor market continues to gather momentum. Initial claims...

US Posts $6bn Budget Surplus In June

THE United States federal government posted a budget surplus of $6 billion in June, compared with a surplus of $50 billion in the same month a...

NLC To Buhari: Use Recovered Funds To Critical Infrastructure Development

THE Nigeria Labour Congress (NLC), on Monday, called on President Muhammadu Buhari to ensure that the recovered funds are deployed to critical infrastructure such...