The Federal Government on Saturday announced that it has qualified for processing a loan, described as ‘virtually a grant’ of $2.25 billion from the World Bank at 1 percent interest rate. Wale Edun, the finance minister, disclosed this during a joint press conference of the ministry of finance and the …

Another faction of the All Progressives Congress in Ganduje Ward, Dawakin Tofa Local Government Area, Kano State, on Sunday announced the suspension of the party’s National Chairman, Dr Abdullahi Ganduje. The ward’s Legal Adviser, Haladu Gwanjo, last week announced the suspension of Ganduje. Gwanjo, who cited alleged corruption and other …

United States needs to raise revenues to bring down high budget deficits even though they are helping to fuel global growth by stoking domestic U.S. demand, International Monetary Fund First Deputy Managing Director Gita Gopinath said on Saturday. Gopinath told a fiscal forum at the IMF and World Bank spring …