Otaviano Canuto, World Bank Group: Fiscal Policy Redux

As part of their response to negative shocks coming from advanced economies after the Lehman Brothers’ collapse in 2008, most developing countries resorted to countercyclical fiscal policy. Such a policy choice was available to many developing economies that entered the

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Oil Producers with Success in Nigeria

London Stock Exchange listed oil and gas producer, Afren, reports a strong start to the year driven by a year-on-year increase of 14% in net production principally from the Ebok and Okoro fields, offshore Nigeria. The group says it remains

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Nigeria’s Economy Grows by 6.6%

At a time when Europe’s growth is stalling and in recession, Nigeria’s economic output is continuing to motor away. However, this growth comes at the cost of inflation which is also running high at 9% per annum and for food even higher

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CFI.co Meets Didelou Falobi

Dideolu Falobi, a certified engineer, graduated from the University of Lagos in 1987. He started his career as a Design and Supervision Engineer (1987-89) and later Junior Partner (1992-1996) with Edison Group & Partners, a foremost Electrical power engineering consultancy

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Shell: Reduced Crude Oil Theft

Shell’s Nigerian unit says crude oil theft from its facilities in the Niger Delta is reducing, a development he attributed to the surveillance of the Joint Task Force, JTF, set up by the Nigerian Government to check the menace. Shell

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Al-Ghannouchi, Our Hero in Tunisia

Rashid Al-Ghannouchi, 71 years, was co-founder of the Ennahda Movement which is now Tunisia’s largest political party. A philosophy graduate of Damascus University, he moved to Syria following the expulsion of Tunisians from Egypt where he was studying in 1964.

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CFI.co Meets Asad Aziz Ahmed

Mr Ahmed brings over 30 years of experience in banking, credit management and in formulating and managing strategic and operational change in financial institutions. He brings in-depth knowledge of strategy formulation and implementation, performance improvement initiatives and change management programmes.

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Organisation of Islamic Conference: Contemporary Challenges of Member States

Issues concerning unemployment, the development of human resources and enhancing social protection feature prominently in the cooperation agenda of the OIC. Deliberations on the contemporary challenges of OIC Member States and modalities for consolidating intra-OIC actions will engage the attention

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IMF: The Risk Side of Exceptionally Low Interest Rates

Several years of exceptionally low interest rates and bond buying by some advanced economy central banks have improved some indicators of banks’ health while supporting the economy and financial stability, according to new research from the International Monetary Fund. In

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Millenium Goals: Ban Ki-Moon Calls our Hero Malala Yousafzai

The United Nations on April 5th called for accelerated action in the next 1,000 days from governments, international organizations and civil society groups to reach the eight anti-poverty targets known as the Millennium Development Goals (MDGs) by their deadline at

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