IMF chief urges countries to swiftly resolve trade tensions

International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Thursday urged countries to swiftly resolve trade disputes that threaten global economic growth. She said the unpredictability arising from President Donald Trump’s aggressive campaign of taxes on foreign imports was causing companies to delay investments and consumers to hold off onContinue Reading

IMF projects 3% economic growth for Nigeria

  By Nana Musa The International Monetary Fund (IMF) has released it new economic outlook report, reversing Nigeria’s economic growth projections for 2025 and 2026.   The April report was released on Tuesday during World Economic Outlook (WEO) at a press briefing at the ongoing IMF/World Bank 2025 Spring MeetingsContinue Reading

Mercedes to conquer Chinese market with ‘supercomputers on wheels’

German carmaker Mercedes on Tuesday said it is looking to regain a stronger foothold in China with more infotainment and new products. “We will introduce the most efficient and intelligent cars we have ever built,” said Mercedes-Benz chief executive Ola Källenius in Shanghai. He described the company’s vision as “supercomputersContinue Reading

Pope Francis dies in Rome aged 88

Pope Pope Francis, spiritual leader of the world’s 1.4 billion Catholics, died on Monday aged 88, the Vatican announced. Cardinal Kevin Farrell, camerlengo of the Apostolic Chamber, announced the death in a statement: “At 7:35 this morning (0535 GMT), the Bishop of Rome, Francis, returned to the house of theContinue Reading