Business

Trade War: Trump Hikes Tariff forces the IMF to revise the projected world economic growth

The International Monetary Fund (IMF), has revealed that they will revise the projection of world economic growth down next week when the world economy prospects are released, only stop predicting recession. The Director of Fund Implementation, Kristalina Georgieva made this known in a speech entitled “Towards a more balanced and more resilient world economy” which was delivered during the 2025 …

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Trump a Fed Chair Powell: your resolution cannot arrive quickly enough ” – Thage

By Ayo Kehinde Thursday, former president of the United States Donald Trump lashed to the president of the Federal Reserve, Jerome Powell, declaring that his “resolution cannot arrive quickly enough” after Powell warned that the rates could make inflation rise. Speaking on Wednesday, Powell warned that the proposals of large Trump rates on almost all commercial partners could place the …

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NSC, National Council on Sports approves 32 sports, fixed calendar for NSF

NSC, National Council on Sports approves 32 sports, fixed calendar for NSF Abeokuta (basic reporter) in an attempt to improve the operational effectiveness and overall performance of the Nigerian athletes, the National Sports Commission (NSC) Memorandum towards a fixed period for the National Sports Festival (NSF), as well as a statement of the rules to simplify the number of sports …

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NUPRC, Komolafe appointed for the prestigious prizes of the Africa Energy summit

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has been recognized as a leading force in the African energy sector, gaining a nomination for the coveted car regulator award of the year to the imminent Africa Energies summit.The summit, now in its 29th edition, will be held on May 15 in London, bringing together the best actors in the sector, politicians …

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National Junior Swimming Championship takes on Monday in Abuja

National Junior Swimming Championship takes on Monday in Abuja Avuja (Reporter Core) Nigeria Aquatics Federation (NAQF), with the support of the National Sport Commission, announced the beginning of the national junior swimming championships, “Swim for Life” theme. The championship should take place from Monday 22 to 25 April 2025, at the Mko Abiola National Stadium, the swimming complex of package …

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The Nigerian power sector generates the N700BN revenue in 2024-Adelabu

Minister of Manpower, Adebayo Adelabu, said on Thursday that the sector generated N700 billion revenue last year. He stated that this was during the 6th edition of the 2025 Ministerial Press Briefing series in Abuja. The minister said the figure was an increase of 70 percent of what was produced by the industry in 2023. He said: “It is clear …

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Tinubu approves n15 billion to face the impending flood crisis

President Bola Tinubu approved the immediate release of n15 billion to mitigate the impact of the undertaken floods, following the warnings of climatic experts. Vice -president Kashim Shettimo revealed the development on Wednesday while talking in a seminar on monitoring and coordination of the risk of flood held at the National Counter Terrorism Center in Abuja. Shettimo said that the …

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