News

IMF urges transparency in Nigeria’s oil sector

…warns of new economic shocks in sub-Saharan Africa The International Monetary Fund has called for transparency in Nigeria’s oil sector to ensure the gains from fuel subsidy removal are not lost to inefficiencies and opacity, but delivers more resources into government coffers and better livelihoods for citizens. While commending the …

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Stocks gain over N960bn in 4-day trading week

Nigeria’s equities market value rose remarkably by N966billion in the four-day trading week ended Friday April 25. Analysts see the first-quarter (Q1) earnings season providing catalyst for continued investor engagement, with strong corporate performances driving buy-side interest from stock investors. Specifically, consumer goods, banking and insurance stocks pushed the market …

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Climate activists renew call for reparation for Africa

The Africa Make Big Polluters Pay Coalition has wrapped up a two-day training for journalists across the continent on climate change reporting, with a call for sustained coverage of the climate crisis from an Afrocentric perspective. The coalition also renewed its call for just climate reparations for Africa and the …

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