Economist Justin Lin urges West to adopt ‘Eastern wisdom’ as China moves up value chain
The West’s narrative of Chinese “overcapacity” is a double standard, said a former chief economist of the World…
Nigeria Rejects IMF Loan From $50bn Support Fund
The Federal Government on Thursday declared that it has no plan to approach the International Monetary Fund to…
Nigeria’s Capital Spending Cut by N1tn Amid Fiscal Squeeze
The Federal Government’s capital spending dropped by N1tn in 2025 as rising recurrent expenditure squeezed fiscal space, the…
World Bank clarifies stance on Nigeria fuel imports
The World Bank Group has clarified its position on fuel imports in Nigeria following backlash over recommendations contained…
Nigeria Poverty Rate Hits 63% Despite Easing Inflation
Poverty in Nigeria rose to 63 per cent in 2025, despite a slowdown in inflation, indicating the limited…
IMF warns of looming inflation crisis on back of US-Israel war on Iran | US-Israel war on Iran News
The conflict has driven up prices of oil, natural gas, damaged refineries and other energy infrastructure. Published On…
Fading US dollar trust threatens world economy, ex-IMF official Zhu Min warns
Dwindling global trust in the US dollar is one of the most prominent risks facing a vulnerable world…
Why the world has started stockpiling food again – The Irish Times
In the early 18th century, Finland was familiar with the fear of hunger. A famine fuelled by an…
World Bank revises up 2026, 2027 growth forecasts for Türkiye
The Turkish economy is estimated to have closed 2025 with a higher-than-expected growth, the World Bank said on…
India overtakes Japan as world’s fourth largest economy, eyes top 3 in 2026
India has overtaken Japan as the world’s fourth-largest economy – and officials hope to pass Germany within three…
World Bank approves $700 million to bolster Pakistan’s macroeconomic stability
Islamabad: The World Bank has approved USD 700 million in financing for Pakistan under a multi-year initiative aimed…
World Bank warns developing world ‘not out of danger’ as debt costs hit record
By Libby George LONDON, Dec 3 (Reuters) – The gap between developing nations’ debt servicing costs and new…