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‘Money Na Water’, Cubana Chief Priest boasts after securing N10 million bail: The celebrity barman was accused of abusing the Naira twice in 2024 ...
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‘Money Na Water’, Cubana Chief Priest boasts after securing N10 million ...
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BREAKING: Police, others prevent EFCC from arresting Yahaya Bello: Officers of the Nigeria Police Force and some armed men dressed in black with the inscription ...
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BREAKING: Police, others prevent EFCC from arresting Yahaya Bello
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PDP NWC passes Vote of Confidence on Acting National Chairman: The NWC passed the vote of confidence on Mr Damagun a day before the meeting of the national ...
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PDP NWC passes Vote of Confidence on Acting National Chairman
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Tinubu directs inclusion of NOUN graduates in NYSC scheme, law school: President Bola Tinubu has directed the Ministry of Education to include graduates of the ...
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Tinubu directs inclusion of NOUN graduates in NYSC scheme, law school
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Nigeria's grid collapses weeks after tariffs raised for wealthier consumers: Nigeria's creaking grid collapsed for the fifth time this year in the early ...
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Nigeria's grid collapses weeks after tariffs raised for wealthier ...
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Navy raises concern over arrest of 75 stowaways in nine months: The Nigerian Navy has said it has arrested 75 stowaways on Nigeria's waterways between ...
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Navy raises concern over arrest of 75 stowaways in nine months
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Nigeria suspends permit of 3 private jet operators | Africanews: Nigeria's Civil Aviation Authority (NCAA) has taken action against private jet operators ...
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Nigeria suspends permit of 3 private jet operators | Africanews
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Tinubu meets Afenifere leader, vows tough action against threats to Nigeria’s sovereignty
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Tinubu meets Afenifere leader, vows tough action against threats to ...
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Bayer, Nestlé, Unilever and Other Multinationals Cut Back in Africa: After decades of optimism about the region, global giants such as Bayer ...
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Bayer, Nestlé, Unilever and Other Multinationals Cut Back in Africa
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Nigeria sees record inflation in March | Africanews: Nigeria's headline inflation rate rose 1.50% to 33.20% in March, the country's statistics bureau reported ...
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Nigeria sees record inflation in March | Africanews
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99 bag first class as LAUTECH holds 16th convocation: The acting VC of LAUTECH Oyo State, Professor Rasaq Kalilu, has said about 99 students of the institution ...
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99 bag first class as LAUTECH holds 16th convocation
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I’ve been sidelined, betrayed by those I fed in Kannywood – Adam Zango: ‘‘Kannywood is full of mischief and hypocrisy. People in the industry only use you and ...
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I’ve been sidelined, betrayed by those I fed in Kannywood – Adam Zango
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WEE Workshop: In her speech, the Director General of Maryam Babangida National Center for Women Development, Asabe Bashir ... Show more
1:05
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Pastor Enenche and Dunamis testimony controversy: I want to believe that Enenche has learnt his lessons with the way he and his wife, Becky ...
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Pastor Enenche and Dunamis testimony controversy
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JUST IN: Dangote further reduces diesel price to N1,000/litre: The Dangote Petroleum Refinery has announced a reduction in the price of diesel, from N1 ...
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JUST IN: Dangote further reduces diesel price to N1,000/litre
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IMF forecasts 3.3% growth for Nigeria’s economy in 2024: In a recent update from the International Monetary Fund, Nigeria's economic growth forecast for the ...
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IMF forecasts 3.3% growth for Nigeria’s economy in 2024
Quick Glance: IMF upgrades global growth forecast despite risks
  • The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.

  • IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.

  • While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.

  • Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
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Kogi gov, Ododo defends victory at tribunal: Usman Ododo has tendered several electoral documents to defend his victory at the state governorship election ...
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Kogi gov, Ododo defends victory at tribunal
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Tanzania, Rwanda, Zimbabwe join African recall of J&J cough syrup: The countries join Nigeria, Kenya and South Africa in recalling the same batch of the syrup.
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Tanzania, Rwanda, Zimbabwe join African recall of J&J cough syrup
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PUNCHman robbed in Ogun ‘one chance’ vehicle: A PUNCH reporter, Babatunde Titiola, was on Tuesday morning attacked and robbed by ‘one chance’ robbers in a ...
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PUNCHman robbed in Ogun ‘one chance’ vehicle
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U-17 WAFU: Garba invites 51 players as Eaglets camp opens: The coach hinted that the team’s camp would open on Wednesday (today) for the WAFU tournament ...
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U-17 WAFU: Garba invites 51 players as Eaglets camp opens
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Troost-Ekong donates Eagles allowances to Akwa Ibom kids: The kind gesture by the 30-year-old PAOK Thessaloniki centre-back, who hails from Akwa Ibom State ...
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Troost-Ekong donates Eagles allowances to Akwa Ibom kids
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JUST IN: Kwara ex-senator, Rafiu Ibrahim dies at 57: Former Kwara State Senator, Rafiu Ibrahim, is dead.
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JUST IN: Kwara ex-senator, Rafiu Ibrahim dies at 57
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Why burying corpses near rivers can trigger disease outbreak - Experts - Healthwise
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Why burying corpses near rivers can trigger disease outbreak - Experts - ...
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Nigeria govt. begins allocation of 8,925 houses under national housing programme: The authorities say the first batch of the allocation process was concluded ...
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Nigeria govt. begins allocation of 8,925 houses under national housing ...
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NNPP faction suspends Kano gov for six months: The faction of New Nigeria Peoples Party under the leadership of Major Agbo on Tuesday suspended the Governor of ...
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NNPP faction suspends Kano gov for six months
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Edo poll: Imasuangbon seeks Akpata’s disqualification: A governorship aspirant of the Labour Party, Kenneth Imasuangbon, has asked the court to disqualify the ...
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Edo poll: Imasuangbon seeks Akpata’s disqualification
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Africa’s media practitioners to converge on Nairobi : AllAfrica Global Media has announced the launch of a new convening platform, the AllAfrica Media ...
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Africa’s media practitioners to converge on Nairobi 
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Anambra NSCDC arrests two for illegal mining: Operatives of Nigeria Security and Civil Defence Corps, Anambra State Command, have arrested two persons for ...
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Anambra NSCDC arrests two for illegal mining
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Mawuena’s absence affecting Remo attack, admits Alimi: Remo Stars striker, Sikiru Alimi, has admitted he misses the partnership of injured Togolese striker ...
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Mawuena’s absence affecting Remo attack, admits Alimi
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WEE Workshop: The executive director of dRPC, Dr Judith Ann Walker, is speaking. She said the dRPC and NIPSS have worked together in partnerships for more two ... Show more
0:53
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Dangote, modular refineries to pay naira for crude: The FG has complied with the demands of domestic crude oil refiners, as it declared that indigenous ...
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Dangote, modular refineries to pay naira for crude
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BREAKING: FG begins disbursement of N200bn palliative loans: The Ministry of Industry, Trade and Investment says it has begun disbursement of the Presidential ...
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BREAKING: FG begins disbursement of N200bn palliative loans
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‘Mentorship will help women entrepreneurs succeed’: The Champions Women Entrepreneurs Mentoring Association has described effective leadership and mentorship as ...
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‘Mentorship will help women entrepreneurs succeed’
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Reps threaten action against companies snubbing invitations: The House of Representatives Committee investigating the implementation of Corporate Social ...
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Reps threaten action against companies snubbing invitations
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Grace Obi-Okpabi, deputy director (Economic Growth), Federal Ministry of Budget and Economic Planning, lamented the lack of inclusion of women's contributions ... Show more
1:14
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Lawal: Youngster using football to fight poverty: Many who go into sports are motivated to better their families, especially in Nigeria ...
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Lawal: Youngster using football to fight poverty
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Nwabali relishes clean sheet in Chippa cup win: Super Eagles first choice Stanley Nwabali is overjoyed after keeping a clean sheet as his team, Chippa United ...
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Nwabali relishes clean sheet in Chippa cup win
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NECO shifts Common Entrance exam over low enrolment: NECO has re-scheduled the 2024 National Common Entrance Examination into Federal Unity Colleges due to low ...
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NECO shifts Common Entrance exam over low enrolment
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NANS calls for electoral reforms, youth inclusion: “We have mentioned a lot of challenges that we are facing from the start of the election ...
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NANS calls for electoral reforms, youth inclusion
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35-year-old mother of four seeks N3m for cancer surgery: A 35-year-old woman identified as Ann Agbaraj is appealing for the sum of N3m to enable her to undergo ...
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35-year-old mother of four seeks N3m for cancer surgery
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Give Eagles local coach, ex-stars charge NFF: The NFF should bring a coach that knows much about African football, especially Nigerian football ...
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Give Eagles local coach, ex-stars charge NFF
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Medlab West Africa: The biggest medical lab event in the region returns to Lagos: Scheduled from 22nd to 24th April, 2024 at Landmark Centre, the event is set to ...
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Medlab West Africa: The biggest medical lab event in the region returns to ...
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Repentant female B’Haram insurgents lament lack of suitors, cry for husbands: Findings indicate that female repentant terrorists have complained the difficulty ...
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Repentant female B’Haram insurgents lament lack of suitors ...
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Commissioners to drive economic policy for women at grassroot levels: Commissioners of Women Affairs from six geopolitical zones have pledged to drive ...
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Commissioners to drive economic policy for women at grassroot levels
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US Navy Shipbuilding Has Fallen Dangerously Behind: Years of underinvestment by defense contractors and supply chain snarls threaten to undermine America’s ...
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US Navy Shipbuilding Has Fallen Dangerously Behind
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Ex-EFCC boss Bawa conferred with Kebbi’s traditional title: A former EFCC Chairman, Abdulrasheed Bawa, has been conferred with the traditional title of ‘Tafidan ...
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Ex-EFCC boss Bawa conferred with Kebbi’s traditional title
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Ashimolowo urges govt to address rising poverty: The Senior Pastor of Kingsway International Christian Centre, Mathew Ashimolowo, has asked the Federal ...
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Ashimolowo urges govt to address rising poverty
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Plateau task force to resettle IDPs in phases: The Plateau State Task Force on Resettlement of Internally Displaced Persons says the resettlement will be done in ...
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Plateau task force to resettle IDPs in phases
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Don advocates gender equality at workplaces homes: She said there was a need for the stakeholders to encourage women to participate as men do in the scheme of ...
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Don advocates gender equality at workplaces homes
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CITN, Anambra target N4bn monthly tax revenue: Mr Samuel Agbeluyi, noted that most informal sectors were facing survival challenges as a result of being outside ...
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CITN, Anambra target N4bn monthly tax revenue
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Sports ministry, Yucateco to hold boxing awards: The Ministry of Sports and the Yucateco Boxing Promotions will hold the first boxing award event ...
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Sports ministry, Yucateco to hold boxing awards
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Nigerian curriculum should reflect cultural values —Trinity VC: Vice-Chancellor, Trinity University, Prof. Clement Kolawole, who is also a member of Curriculum ...
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Nigerian curriculum should reflect cultural values —Trinity VC
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Handball coach pleads for ministry aid ahead W’Cup: Head coach, U-18 women’s handball team Shittu Agboola has called for the sports ministry's support ahead ...
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Handball coach pleads for ministry aid ahead W’Cup
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Jnr Pope: Remains of late make-up artist buried in A’Ibom: Tears flowed freely from family members on Monday as the remains of the late Nollywood make-up artist ...
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Jnr Pope: Remains of late make-up artist buried in A’Ibom
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‘I hold no grudge against Dunamis Church, Pastor Enenche -Testifier: "I remain committed to serving God as a member of Dunamis Church. I am thankful for the ...
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‘I hold no grudge against Dunamis Church, Pastor Enenche -Testifier
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Michael Palin on the loss of his wife of 57 years: ‘you feel you’ll never have a friend as close as that’
irishtimes.com/culture/music/2024/04/15/michael-palin-on-the-loss-of-his-wife-of-57-years-you-feel-youll-never-have-a-friend-as-close-as-that/
Michael Palin on the loss of his wife of 57 years: ‘you feel you’ll never ...
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NiMet forecasts three-day sunshine, thunderstorms: NiMet urged the public to take adequate precaution as strong winds might precede rains in areas where ...
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NiMet forecasts three-day sunshine, thunderstorms
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Despite gov’t intervention, price of garri soars in Akwa Ibom: Garri, which sold N500 for four cups in the last week of March, now sells for the same amount for ...
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Despite gov’t intervention, price of garri soars in Akwa Ibom
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Betta Edu, Sadiya Farouq, others not yet cleared of alleged fraud – EFCC: EFCC clarified in a statement on Sunday that it "has not cleared anyone allegedly ...
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Betta Edu, Sadiya Farouq, others not yet cleared of alleged fraud – EFCC
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UNILORIN lecturer produces biodiesel from eggshells: A  Professor of Chemical Engineering at the University of Ilorin, Kwara State, Elizabeth Odetoye ...
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UNILORIN lecturer produces biodiesel from eggshells
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JUST IN: APC suspends Ganduje over bribery allegations: The All Progressives Congress ward in Ganduje, Dawakin Tofa Local Government Area ...
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JUST IN: APC suspends Ganduje over bribery allegations
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Naira nears 1,000/$ at parallel market: The naira has continued its resurgence against the dollar, appreciating N1,136/$ at the official market and N1 ...
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Naira nears 1,000/$ at parallel market
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Zamfara gov, Lawal attends Sallah durbar, turbaned as Wakilin Kauran Namoda: The Kauran Namoda emirate celebrates Eid with a special event known as Hawan Durbar ...
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Zamfara gov, Lawal attends Sallah durbar, turbaned as Wakilin Kauran ...
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No regret invading Oyo Govt House, declare arrested Yoruba Nation agitators: a 29-year-old phone repairer, Ademola Adeniyi, who was part of the arrested ...
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No regret invading Oyo Govt House, declare arrested Yoruba Nation ...
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Blackout in South-east as EEDC announces system collapse: The EEDC, which is responsible for distributing electricity to the entire five South-east states ...
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Blackout in South-east as EEDC announces system collapse
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21 Chibok girls forced into motherhood, some returned to their abductors: "We have been married for eight years," Ms Grema, who escaped with her child ...
premiumtimesng.com/gender/685832-21-chibok-girls-forced-into-motherhood-some-returned-to-their-abductors.html
21 Chibok girls forced into motherhood, some returned to their abductors
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Residents jubilant as Kano emir returns to Durbar route unused by Sanusi: The 'Hawan Nasarawa', one of Kano's royal Sallah Durbah processions ...
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Residents jubilant as Kano emir returns to Durbar route unused by Sanusi
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MOVIE REVIEW: Bank Alert: Ambitious movie that falls short of lofty expectations: Despite the high hopes for “Bank Alert” to mark Okey Bakassi's triumphant ...
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MOVIE REVIEW: Bank Alert: Ambitious movie that falls short of lofty ...
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CAN demands rescue of remaining Chibok girls: “The trauma experienced by the remaining (of the) 276 abducted (Chibok) girls from Nigeria is unimaginable ...
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CAN demands rescue of remaining Chibok girls
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Lagos marks 10th anniversary of chibok kidnapping | Africanews: On Sunday, campaigners and those affected by the event gathered in Lagos to mark the 10th ...
africanews.com/2024/04/15/lagos-marks-10th-anniversary-of-chibok-kidnapping/
 Lagos marks 10th anniversary of chibok kidnapping | Africanews
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Nigeria becomes first country to roll out new meningitis vaccine, WHO says: Between last October and mid-March this year, 1,742 cases were suspected in the ...
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Nigeria becomes first country to roll out new meningitis vaccine, WHO says
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19 MAPOLY students suspended for examination malpractices : Four of the suspended students will be on suspension for two semesters, while the remaining 15 were ...
punchng.com/19-mapoly-students-suspended-for-examination-malpractices/
19 MAPOLY students suspended for examination malpractices 
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NDLEA warns against new illicit drugs mixture ‘Combine’: NDLEA said “Combine” is a mixture of strains of canabis, colos, loud and opioids soaked in raw gin ...
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NDLEA warns against new illicit drugs mixture ‘Combine’
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INEC tenders documents against SDP at Kogi gov tribunal: INEC, on Monday, tendered electoral documents against the SDP and its candidate, Murtala Ajaka ...
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INEC tenders documents against SDP at Kogi gov tribunal
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BREAKING: Inflation rose to 33.20% in March, says NBS: The National Bureau of Statistics has disclosed that Nigeria's headline inflation rate increased to ...
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BREAKING: Inflation rose to 33.20% in March, says NBS
Quick Glance: Powell Warns of Lack of Progress on Inflation
  • Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.

  • Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.

  • Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.

  • Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.