Bangladesh Set to Overtake India in Per Capita Income: IMF
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Bangladesh Set to Overtake India in Per Capita Income: IMF
WASHINGTON, Apr 28: A new forecast by the International Monetary Fund suggests that Bangladesh is set to surpass India in per capita gross domestic product (GDP) measured in current U.S. dollars in 2026, marking a symbolic shift between the two neighboring economies. According to the projections, B»»»
$9m contract: You can’t fix insecurity with PR – Criminologist, experts tell Nigerian govt
A criminologist and security expert, Dr. Sulaiman Ishak Muhamad of the Department of Criminology and Security Studies, Federal University, Dutse, has warned that the Federal Government’s reported $9 million lobbying contract in the United States could expose Nigeria’s security framework and weaken »»»
Nigerian policymakers promote reforms and woo investors in DC
Nigeria’s reform-driven economic strategy was showcased at the Nigeria Investor Forum in Washington DC, Toni Kan reports The room was packed, and almost a quarter of the guests couldn’t find seats, as the Nigeria Investor Forum kicked off at the Willard Hotel in Washington DC. The event, held on th»»»
US adds Colombia to list of countries failing in fight against drugs – here’s why that matters
The US has “decertified” Colombia as an ally in the fight against drugs, adding it to a list of countries including Afghanistan, Myanmar and Venezuela. Behind the decision lie surging coca cultivation and a desire to signal that US support for Colombia is no longer unconditional. It represents a ru»»»
Nigerian scholar joins World Bank/IMF meetings on global development
Nigerian scholar Dr. Ololade Omosunlade, a Tobias Scholar, has joined world leaders, policymakers, and development experts at the 2025 World Bank and International Monetary Fund (IMF) Spring Meetings in Washington, DC, USA. The annual meetings, held from April ... »»»
World Bank ends decades-long freeze on nuclear energy funding
The World Bank has lifted its long-standing ban on financing nuclear energy projects, marking its return to the sector for the first time in decades, President Ajay Banga announced on Wednesday. In an email to staff, Banga said the bank would collaborate closely with the International Atomic Energy»»»
Emerging economies face longer period of tighter financing, South African central banker says
WASHINGTON, April 24 (Reuters) – Emerging economies will have to grapple with tighter global financing conditions for longer while the future of risk-free assets is very much in focus, the head of South Africa’s central bank told Reuters. Speaking on the sidelines of the IMF and World Bank spring m»»»
Argentina's peso sinks after currency controls eased
BUENOS AIRES, April 15, 2025 (BSS/AFP) - Argentina's peso slumped more than 11 percent against the US dollar Monday, after Javier Milei's libertarian government loosened currency controls to win a $20 billion IMF bailout. The peso was trading at just under 1,200 to the greenback, surging toward the»»»
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