Industrial policy is not magic cure for slow growth
By Era Dabla-Norris, Daniel Garcia-Macia, Vitor Gaspar, Li Liu Many countries are ramping up industrial policy to boost innovation in specific sectors in the...
Business Affairs
The rise and risks of private credit
Private credit has grown rapidly to provide long‐term financing to middle market firms. Private credit offers borrowers a value proposition...
UN climate chief calls for “quantum leap in climate finance
Agency Report The head of the United Nations climate body, Simon Stiell, said a “quantum leap” in climate finance is...
TCN says grid collapse restored
Omeiza Bilal The Transmission Company of Nigeria (TCN), Monday, explained that the fire incident that occurred at Afam power generating...
Domestic equity sheds N304bn as profit taking persists
Omeiza Bilal Domestic equity market on Monday closed southwards declining by N304 billion following profit taking activities in the shares...
NBMA committed to upholding biosafety standards—D-G
Agency Report The National Biosafety Management Agency (NBMA) says it is committed to enhancing the transportability of data while upholding...
FG gets N1.49bn revenue from rail passengers, goods in Q4 2023
Omeiza Bilal The federal government generated revenue of N1.49 billion from passengers and conveying goods/cargos through the nation's rail transport...
W/Bank: Despite high potential, 75 vulnerable economies face ‘historic reversal’ –
Despite their high potential to advance global prosperity, one-half of the world’s 75 most vulnerable countries are facing a widening...
NDIC lauds CBN recapitalisation of banks
Agency Report The Nigeria Deposit Insurance Corporation (NDIC) has lauded the Central Bank of Nigeria (CBN) for its move to...
Georgieva to serve second term as IMF Managing Director
Agency Report The Executive Board of the International Monetary Fund (IMF) has selected Kristalina Georgieva to serve as IMF Managing...
